Treatt Balance Sheet Health
Financial Health criteria checks 6/6
Treatt has a total shareholder equity of £137.6M and total debt of £11.7M, which brings its debt-to-equity ratio to 8.5%. Its total assets and total liabilities are £178.3M and £40.7M respectively. Treatt's EBIT is £18.9M making its interest coverage ratio 21.2. It has cash and short-term investments of £1.8M.
Key information
8.5%
Debt to equity ratio
UK£11.70m
Debt
| Interest coverage ratio | 21.2x |
| Cash | UK£1.80m |
| Equity | UK£137.65m |
| Total liabilities | UK£40.68m |
| Total assets | UK£178.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TTTR.F's short term assets (£100.4M) exceed its short term liabilities (£35.5M).
Long Term Liabilities: TTTR.F's short term assets (£100.4M) exceed its long term liabilities (£5.2M).
Debt to Equity History and Analysis
Debt Level: TTTR.F's net debt to equity ratio (7.2%) is considered satisfactory.
Reducing Debt: TTTR.F's debt to equity ratio has reduced from 30.7% to 8.5% over the past 5 years.
Debt Coverage: TTTR.F's debt is well covered by operating cash flow (153.1%).
Interest Coverage: TTTR.F's interest payments on its debt are well covered by EBIT (21.2x coverage).