Itim Group Balance Sheet Health
Financial Health criteria checks 6/6
Itim Group has a total shareholder equity of £11.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £18.6M and £7.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£2.70m |
Equity | UK£11.46m |
Total liabilities | UK£7.17m |
Total assets | UK£18.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ITIM's short term assets (£7.2M) exceed its short term liabilities (£5.9M).
Long Term Liabilities: ITIM's short term assets (£7.2M) exceed its long term liabilities (£1.3M).
Debt to Equity History and Analysis
Debt Level: ITIM is debt free.
Reducing Debt: ITIM has no debt compared to 5 years ago when its debt to equity ratio was 74.2%.
Debt Coverage: ITIM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: ITIM has no debt, therefore coverage of interest payments is not a concern.