Ace Liberty & Stone Balance Sheet Health
Financial Health criteria checks 1/6
Ace Liberty & Stone has a total shareholder equity of £35.2M and total debt of £52.3M, which brings its debt-to-equity ratio to 148.6%. Its total assets and total liabilities are £89.5M and £54.3M respectively. Ace Liberty & Stone's EBIT is £3.9M making its interest coverage ratio 1. It has cash and short-term investments of £6.2M.
Key information
148.6%
Debt to equity ratio
UK£52.33m
Debt
Interest coverage ratio | 1x |
Cash | UK£6.23m |
Equity | UK£35.22m |
Total liabilities | UK£54.31m |
Total assets | UK£89.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ALSP's short term assets (£1.1M) do not cover its short term liabilities (£20.4M).
Long Term Liabilities: ALSP's short term assets (£1.1M) do not cover its long term liabilities (£33.9M).
Debt to Equity History and Analysis
Debt Level: ALSP's net debt to equity ratio (130.9%) is considered high.
Reducing Debt: ALSP's debt to equity ratio has reduced from 232.1% to 148.6% over the past 5 years.
Debt Coverage: ALSP's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: ALSP's interest payments on its debt are not well covered by EBIT (1x coverage).