Foresight Technology VCT Balance Sheet Health
Financial Health criteria checks 6/6
Foresight Technology VCT has a total shareholder equity of £25.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £26.0M and £306.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£5.85m |
Equity | UK£25.68m |
Total liabilities | UK£306.00k |
Total assets | UK£25.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWT's short term assets (£5.9M) exceed its short term liabilities (£306.0K).
Long Term Liabilities: FWT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FWT is debt free.
Reducing Debt: FWT has no debt compared to 5 years ago when its debt to equity ratio was 35.6%.
Debt Coverage: FWT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FWT has no debt, therefore coverage of interest payments is not a concern.