Gresham Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Gresham Technologies has a total shareholder equity of £50.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £79.1M and £28.7M respectively. Gresham Technologies's EBIT is £3.6M making its interest coverage ratio 11.9. It has cash and short-term investments of £4.8M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 11.9x |
Cash | UK£4.77m |
Equity | UK£50.47m |
Total liabilities | UK£28.66m |
Total assets | UK£79.12m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GHTL's short term assets (£13.8M) do not cover its short term liabilities (£20.3M).
Long Term Liabilities: GHTL's short term assets (£13.8M) exceed its long term liabilities (£8.3M).
Debt to Equity History and Analysis
Debt Level: GHTL is debt free.
Reducing Debt: GHTL has not had any debt for past 5 years.
Debt Coverage: GHTL has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GHTL has no debt, therefore coverage of interest payments is not a concern.