Octopus Titan VCT Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Titan VCT has a total shareholder equity of £1.1B and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.1B and £1.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£232.80m |
| Equity | UK£1.06b |
| Total liabilities | UK£1.25m |
| Total assets | UK£1.06b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OTV2's short term assets (£237.0M) exceed its short term liabilities (£1.2M).
Long Term Liabilities: OTV2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OTV2 is debt free.
Reducing Debt: OTV2 has not had any debt for past 5 years.
Debt Coverage: OTV2 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: OTV2 has no debt, therefore coverage of interest payments is not a concern.