Guinness VCT Balance Sheet Health
Financial Health criteria checks 6/6
Guinness VCT has a total shareholder equity of £6.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.8M and £153.3K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£254.11k |
| Equity | UK£6.68m |
| Total liabilities | UK£153.27k |
| Total assets | UK£6.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GVCT's short term assets (£1.5M) exceed its short term liabilities (£153.3K).
Long Term Liabilities: GVCT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: GVCT is debt free.
Reducing Debt: GVCT has not had any debt for past 5 years.
Debt Coverage: GVCT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GVCT has no debt, therefore coverage of interest payments is not a concern.