Mobeus Income & Growth VCT Balance Sheet Health
Financial Health criteria checks 6/6
Mobeus Income & Growth VCT has a total shareholder equity of £100.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £100.4M and £297.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£44.52m |
Equity | UK£100.15m |
Total liabilities | UK£297.04k |
Total assets | UK£100.45m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIX's short term assets (£45.1M) exceed its short term liabilities (£297.0K).
Long Term Liabilities: MIX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIX is debt free.
Reducing Debt: MIX has not had any debt for past 5 years.
Debt Coverage: MIX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MIX has no debt, therefore coverage of interest payments is not a concern.