Western Selection Balance Sheet Health
Financial Health criteria checks 6/6
Western Selection has a total shareholder equity of £14.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £14.6M and £120.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.86m |
Equity | UK£14.52m |
Total liabilities | UK£120.00k |
Total assets | UK£14.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WESP's short term assets (£13.1M) exceed its short term liabilities (£120.0K).
Long Term Liabilities: WESP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WESP is debt free.
Reducing Debt: WESP has no debt compared to 5 years ago when its debt to equity ratio was 5.6%.
Debt Coverage: WESP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WESP has no debt, therefore coverage of interest payments is not a concern.