Armadale Capital Balance Sheet Health
Financial Health criteria checks 6/6
Armadale Capital has a total shareholder equity of £7.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.6M and £101.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£300.00k |
Equity | UK£7.48m |
Total liabilities | UK£101.00k |
Total assets | UK£7.58m |
Financial Position Analysis
Short Term Liabilities: ACP's short term assets (£437.0K) exceed its short term liabilities (£101.0K).
Long Term Liabilities: ACP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ACP is debt free.
Reducing Debt: ACP has no debt compared to 5 years ago when its debt to equity ratio was 24.9%.
Debt Coverage: ACP has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ACP has no debt, therefore coverage of interest payments is not a concern.