Town Centre Securities Financial Health
How is Town Centre Securities's financial position?
Financial Health Score1/6
Financial Health Score 1/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: TOWN's short term assets (£64.2M) do not cover its short term liabilities (£67.9M).
Long Term Liabilities: TOWN's short term assets (£64.2M) do not cover its long term liabilities (£127.9M).
Debt to Equity History and Analysis
Debt Level: TOWN's net debt to equity ratio (75.3%) is considered high.
Reducing Debt: TOWN's debt to equity ratio has reduced from 98.1% to 87.7% over the past 5 years.
Debt Coverage: TOWN's debt is not well covered by operating cash flow (3.1%).
Interest Coverage: TOWN's interest payments on its debt are not well covered by EBIT (1.3x coverage).