Develop North Balance Sheet Health
Financial Health criteria checks 6/6
Develop North has a total shareholder equity of £20.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £20.9M and £191.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.15m |
| Equity | UK£20.70m |
| Total liabilities | UK£191.00k |
| Total assets | UK£20.90m |
Recent financial health updates
No updates
Recent updates
Develop North (LON:DVNO) Will Pay A Dividend Of £0.01
Nov 26
Develop North (LON:DVNO) Has Announced A Dividend Of £0.01
Sep 02Develop North (LON:DVNO) Has Affirmed Its Dividend Of £0.01
Jun 03Develop North (LON:DVNO) Is Due To Pay A Dividend Of £0.01
Sep 02Develop North (LON:DVNO) Is Due To Pay A Dividend Of UK£0.01
Jun 06Financial Position Analysis
Short Term Liabilities: DVNO's short term assets (£17.9M) exceed its short term liabilities (£191.0K).
Long Term Liabilities: DVNO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DVNO is debt free.
Reducing Debt: DVNO has no debt compared to 5 years ago when its debt to equity ratio was 11.6%.
Debt Coverage: DVNO has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: DVNO has no debt, therefore coverage of interest payments is not a concern.