Angling Direct Financial Health
How is Angling Direct's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: ANG's short term assets (£36.2M) exceed its short term liabilities (£12.1M).
Long Term Liabilities: ANG's short term assets (£36.2M) exceed its long term liabilities (£10.8M).
Debt to Equity History and Analysis
Debt Level: ANG is debt free.
Reducing Debt: ANG has no debt compared to 5 years ago when its debt to equity ratio was 1.1%.
Debt Coverage: ANG has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ANG has no debt, therefore coverage of interest payments is not a concern.