Investment Evolution Credit Balance Sheet Health
Financial Health criteria checks 6/6
Investment Evolution Credit has a total shareholder equity of £219.0K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £294.1K and £75.1K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | n/a |
| Equity | UK£219.04k |
| Total liabilities | UK£75.10k |
| Total assets | UK£294.14k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IEC's short term assets (£294.1K) exceed its short term liabilities (£75.1K).
Long Term Liabilities: IEC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: IEC is debt free.
Reducing Debt: IEC has not had any debt for past 5 years.
Debt Coverage: IEC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: IEC has no debt, therefore coverage of interest payments is not a concern.