FW Thorpe Balance Sheet Health
Financial Health criteria checks 5/6
FW Thorpe has a total shareholder equity of £163.7M and total debt of £5.5M, which brings its debt-to-equity ratio to 3.3%. Its total assets and total liabilities are £223.1M and £59.4M respectively. FW Thorpe's EBIT is £28.1M making its interest coverage ratio 2805.6. It has cash and short-term investments of £34.5M.
Key information
3.3%
Debt to equity ratio
UK£5.48m
Debt
Interest coverage ratio | 2805.6x |
Cash | UK£34.50m |
Equity | UK£163.73m |
Total liabilities | UK£59.41m |
Total assets | UK£223.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THFW.F's short term assets (£100.0M) exceed its short term liabilities (£39.7M).
Long Term Liabilities: THFW.F's short term assets (£100.0M) exceed its long term liabilities (£19.7M).
Debt to Equity History and Analysis
Debt Level: THFW.F has more cash than its total debt.
Reducing Debt: THFW.F's debt to equity ratio has increased from 0% to 3.3% over the past 5 years.
Debt Coverage: THFW.F's debt is well covered by operating cash flow (658.2%).
Interest Coverage: THFW.F's interest payments on its debt are well covered by EBIT (2805.6x coverage).