Financials Acquisition Balance Sheet Health
Financial Health criteria checks 6/6
Financials Acquisition has a total shareholder equity of £7.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £156.3M and £148.5M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£203.26k |
Equity | UK£7.71m |
Total liabilities | UK£148.55m |
Total assets | UK£156.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FINS's short term assets (£156.3M) exceed its short term liabilities (£332.2K).
Long Term Liabilities: FINS's short term assets (£156.3M) exceed its long term liabilities (£148.2M).
Debt to Equity History and Analysis
Debt Level: FINS is debt free.
Reducing Debt: FINS has not had any debt for past 5 years.
Debt Coverage: FINS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FINS has no debt, therefore coverage of interest payments is not a concern.