Checkit Balance Sheet Health
Financial Health criteria checks 5/6
Checkit has a total shareholder equity of £12.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £21.1M and £9.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.00m |
| Equity | UK£12.10m |
| Total liabilities | UK£9.00m |
| Total assets | UK£21.10m |
Recent financial health updates
Checkit (LON:CKT) Is In A Good Position To Deliver On Growth Plans
Oct 24
We're Keeping An Eye On Checkit's (LON:CKT) Cash Burn Rate
Apr 26We're Not Very Worried About Checkit's (LON:CKT) Cash Burn Rate
Nov 15Here's Why We're Watching Checkit's (LON:CKT) Cash Burn Situation
Aug 10Is Checkit (LON:CKT) In A Good Position To Invest In Growth?
Mar 31Is Checkit (LON:CKT) In A Good Position To Deliver On Growth Plans?
Dec 13Recent updates
Checkit (LON:CKT) Is In A Good Position To Deliver On Growth Plans
Oct 24Getting In Cheap On Checkit plc (LON:CKT) Is Unlikely
Aug 17Subdued Growth No Barrier To Checkit plc (LON:CKT) With Shares Advancing 29%
May 09We're Keeping An Eye On Checkit's (LON:CKT) Cash Burn Rate
Apr 26We're Not Very Worried About Checkit's (LON:CKT) Cash Burn Rate
Nov 15Here's Why We're Watching Checkit's (LON:CKT) Cash Burn Situation
Aug 10Is Checkit (LON:CKT) In A Good Position To Invest In Growth?
Mar 31Is Checkit (LON:CKT) In A Good Position To Deliver On Growth Plans?
Dec 13Is Checkit (LON:CKT) In A Good Position To Invest In Growth?
Aug 13How Many Checkit plc (LON:CKT) Shares Did Insiders Buy, In The Last Year?
Feb 08
Financial Position Analysis
Short Term Liabilities: CKT's short term assets (£14.8M) exceed its short term liabilities (£8.6M).
Long Term Liabilities: CKT's short term assets (£14.8M) exceed its long term liabilities (£400.0K).
Debt to Equity History and Analysis
Debt Level: CKT is debt free.
Reducing Debt: CKT had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: CKT has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CKT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.