Secured Property Developments Balance Sheet Health
Financial Health criteria checks 6/6
Secured Property Developments has a total shareholder equity of £369.0K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £391.3K and £22.4K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£383.47k |
Equity | UK£368.96k |
Total liabilities | UK£22.37k |
Total assets | UK£391.33k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPD's short term assets (£391.3K) exceed its short term liabilities (£22.4K).
Long Term Liabilities: SPD has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SPD is debt free.
Reducing Debt: SPD had no debt 5 years ago.
Debt Coverage: SPD has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPD has no debt, therefore coverage of interest payments is not a concern.