LocoSoco Group Balance Sheet Health
Financial Health criteria checks 3/6
LocoSoco Group has a total shareholder equity of £233.9K and total debt of £30.4K, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are £410.8K and £177.0K respectively.
Key information
13.0%
Debt to equity ratio
UK£30.43k
Debt
Interest coverage ratio | n/a |
Cash | UK£4.56k |
Equity | UK£233.86k |
Total liabilities | UK£176.95k |
Total assets | UK£410.81k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOCO's short term assets (£248.9K) exceed its short term liabilities (£148.5K).
Long Term Liabilities: LOCO's short term assets (£248.9K) exceed its long term liabilities (£28.5K).
Debt to Equity History and Analysis
Debt Level: LOCO's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: LOCO's debt to equity ratio has increased from 0% to 13% over the past 5 years.
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: Insufficient data to determine if LOCO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LOCO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.