Angus Energy Balance Sheet Health
Financial Health criteria checks 1/6
Angus Energy has a total shareholder equity of £37.3M and total debt of £16.8M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are £91.1M and £53.8M respectively. Angus Energy's EBIT is £4.8M making its interest coverage ratio 2.2. It has cash and short-term investments of £2.2M.
Key information
45.2%
Debt to equity ratio
UK£16.84m
Debt
Interest coverage ratio | 2.2x |
Cash | UK£2.18m |
Equity | UK£37.26m |
Total liabilities | UK£53.82m |
Total assets | UK£91.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANGS's short term assets (£5.2M) do not cover its short term liabilities (£36.9M).
Long Term Liabilities: ANGS's short term assets (£5.2M) do not cover its long term liabilities (£16.9M).
Debt to Equity History and Analysis
Debt Level: ANGS's net debt to equity ratio (39.3%) is considered satisfactory.
Reducing Debt: ANGS's debt to equity ratio has increased from 0% to 45.2% over the past 5 years.
Debt Coverage: ANGS's debt is not well covered by operating cash flow (7.4%).
Interest Coverage: ANGS's interest payments on its debt are not well covered by EBIT (2.2x coverage).