Maven Income and Growth VCT 5 Balance Sheet Health
Financial Health criteria checks 6/6
Maven Income and Growth VCT 5 has a total shareholder equity of £63.6M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £63.9M and £301.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£3.49m |
Equity | UK£63.56m |
Total liabilities | UK£301.00k |
Total assets | UK£63.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIG5's short term assets (£4.1M) exceed its short term liabilities (£301.0K).
Long Term Liabilities: MIG5 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIG5 is debt free.
Reducing Debt: MIG5 has not had any debt for past 5 years.
Debt Coverage: MIG5 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIG5 has no debt, therefore coverage of interest payments is not a concern.