Prospex Energy Balance Sheet Health
Financial Health criteria checks 6/6
Prospex Energy has a total shareholder equity of £20.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £21.3M and £1.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£11.09k |
| Equity | UK£20.30m |
| Total liabilities | UK£1.00m |
| Total assets | UK£21.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PXEN's short term assets (£5.7M) exceed its short term liabilities (£73.4K).
Long Term Liabilities: PXEN's short term assets (£5.7M) exceed its long term liabilities (£927.7K).
Debt to Equity History and Analysis
Debt Level: PXEN is debt free.
Reducing Debt: PXEN has no debt compared to 5 years ago when its debt to equity ratio was 7.6%.
Debt Coverage: PXEN has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PXEN has no debt, therefore coverage of interest payments is not a concern.