Treatt Balance Sheet Health
Financial Health criteria checks 6/6
Treatt has a total shareholder equity of £137.6M and total debt of £11.7M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are £178.3M and £40.7M respectively. Treatt's EBIT is £18.9M making its interest coverage ratio 21.2. It has cash and short-term investments of £1.8M.
Key information
8.5%
Debt to equity ratio
UK£11.70m
Debt
| Interest coverage ratio | 21.2x |
| Cash | UK£1.80m |
| Equity | UK£137.65m |
| Total liabilities | UK£40.68m |
| Total assets | UK£178.33m |
Recent financial health updates
Treatt (LON:TET) Takes On Some Risk With Its Use Of Debt
May 11
We Think Treatt (LON:TET) Can Stay On Top Of Its Debt
Dec 29Is Treatt (LON:TET) A Risky Investment?
Jun 21Recent updates
Treatt plc (LON:TET) Not Lagging Market On Growth Or Pricing
Oct 14Treatt's (LON:TET) Dividend Will Be £0.026
Jun 19We Like Treatt's (LON:TET) Earnings For More Than Just Statutory Profit
May 22Should You Investigate Treatt plc (LON:TET) At UK£4.16?
Mar 26Treatt (LON:TET) Is Increasing Its Dividend To £0.0546
Jan 01Treatt (LON:TET) Will Pay A Larger Dividend Than Last Year At £0.0546
Dec 15Treatt (LON:TET) Is Increasing Its Dividend To £0.0546
Dec 01Should You Think About Buying Treatt plc (LON:TET) Now?
Jun 28Treatt (LON:TET) Is Increasing Its Dividend To £0.0255
Jun 28What Is Treatt plc's (LON:TET) Share Price Doing?
Feb 18Treatt (LON:TET) Is Reducing Its Dividend To £0.0535
Jan 28Treatt (LON:TET) Has Announced That Its Dividend Will Be Reduced To £0.0535
Jan 12Treatt's (LON:TET) Shareholders Will Receive A Smaller Dividend Than Last Year
Dec 27Treatt (LON:TET) Has Announced That Its Dividend Will Be Reduced To £0.0535
Dec 13Is There Now An Opportunity In Treatt plc (LON:TET)?
Aug 16Treatt (LON:TET) Takes On Some Risk With Its Use Of Debt
May 11Returns At Treatt (LON:TET) Appear To Be Weighed Down
Apr 16Treatt plc (LON:TET) Shares Could Be 44% Below Their Intrinsic Value Estimate
Mar 19Here's Why I Think Treatt (LON:TET) Might Deserve Your Attention Today
Feb 01We Think Treatt (LON:TET) Can Stay On Top Of Its Debt
Dec 29Analysts Have Made A Financial Statement On Treatt plc's (LON:TET) Yearly Report
Dec 02Return Trends At Treatt (LON:TET) Aren't Appealing
Nov 17Should You Be Adding Treatt (LON:TET) To Your Watchlist Today?
Sep 29When Should You Buy Treatt plc (LON:TET)?
Sep 10Return Trends At Treatt (LON:TET) Aren't Appealing
Aug 19Is Treatt (LON:TET) A Risky Investment?
Jun 21I Ran A Stock Scan For Earnings Growth And Treatt (LON:TET) Passed With Ease
Jun 08Financial Position Analysis
Short Term Liabilities: TET's short term assets (£100.4M) exceed its short term liabilities (£35.5M).
Long Term Liabilities: TET's short term assets (£100.4M) exceed its long term liabilities (£5.2M).
Debt to Equity History and Analysis
Debt Level: TET's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: TET's debt to equity ratio has reduced from 30.7% to 8.5% over the past 5 years.
Debt Coverage: TET's debt is well covered by operating cash flow (153.1%).
Interest Coverage: TET's interest payments on its debt are well covered by EBIT (21.2x coverage).