Bezant Resources Balance Sheet Health
Financial Health criteria checks 2/6
Bezant Resources has a total shareholder equity of £10.5M and total debt of £435.0K, which brings its debt-to-equity ratio to 4.2%. Its total assets and total liabilities are £11.1M and £655.0K respectively.
Key information
4.2%
Debt to equity ratio
UK£435.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£365.00k |
| Equity | UK£10.46m |
| Total liabilities | UK£655.00k |
| Total assets | UK£11.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BZT's short term assets (£421.0K) do not cover its short term liabilities (£655.0K).
Long Term Liabilities: BZT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BZT's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: BZT's debt to equity ratio has increased from 0% to 4.2% over the past 5 years.
Debt Coverage: BZT's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if BZT's interest payments on its debt are well covered by EBIT.