Fletcher King Balance Sheet Health
Financial Health criteria checks 6/6
Fletcher King has a total shareholder equity of £4.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.9M and £789.0K respectively. Fletcher King's EBIT is £145.0K making its interest coverage ratio -2.2. It has cash and short-term investments of £2.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | -2.2x |
| Cash | UK£2.61m |
| Equity | UK£4.15m |
| Total liabilities | UK£789.00k |
| Total assets | UK£4.94m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FLK's short term assets (£3.8M) exceed its short term liabilities (£560.0K).
Long Term Liabilities: FLK's short term assets (£3.8M) exceed its long term liabilities (£229.0K).
Debt to Equity History and Analysis
Debt Level: FLK is debt free.
Reducing Debt: FLK has not had any debt for past 5 years.
Debt Coverage: FLK has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FLK has no debt, therefore coverage of interest payments is not a concern.