Filtronic Balance Sheet Health
Financial Health criteria checks 6/6
Filtronic 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 £18.1M and £6.5M respectively. Filtronic's EBIT is £237.0K making its interest coverage ratio 1.8. It has cash and short-term investments of £2.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 1.8x |
Cash | UK£2.61m |
Equity | UK£11.54m |
Total liabilities | UK£6.55m |
Total assets | UK£18.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FLTC.F's short term assets (£10.7M) exceed its short term liabilities (£4.8M).
Long Term Liabilities: FLTC.F's short term assets (£10.7M) exceed its long term liabilities (£1.7M).
Debt to Equity History and Analysis
Debt Level: FLTC.F is debt free.
Reducing Debt: FLTC.F has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
Debt Coverage: FLTC.F has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: FLTC.F has no debt, therefore coverage of interest payments is not a concern.