Codex Acquisitions Balance Sheet Health
Financial Health criteria checks 6/6
Codex Acquisitions has a total shareholder equity of £582.6K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £632.7K and £50.1K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£626.96k |
| Equity | UK£582.56k |
| Total liabilities | UK£50.10k |
| Total assets | UK£632.66k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CODX's short term assets (£632.7K) exceed its short term liabilities (£50.1K).
Long Term Liabilities: CODX's short term assets (£632.7K) exceed its long term liabilities (£1.0).
Debt to Equity History and Analysis
Debt Level: CODX is debt free.
Reducing Debt: CODX has not had any debt for past 5 years.
Debt Coverage: CODX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CODX has no debt, therefore coverage of interest payments is not a concern.