Doctor Care Anywhere Group Balance Sheet Health
Financial Health criteria checks 4/6
Doctor Care Anywhere Group has a total shareholder equity of £2.9M and total debt of £7.7M, which brings its debt-to-equity ratio to 265.9%. Its total assets and total liabilities are £16.4M and £13.5M respectively.
Key information
265.9%
Debt to equity ratio
UK£7.73m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£6.35m |
| Equity | UK£2.91m |
| Total liabilities | UK£13.50m |
| Total assets | UK£16.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOC's short term assets (£9.4M) exceed its short term liabilities (£4.9M).
Long Term Liabilities: DOC's short term assets (£9.4M) exceed its long term liabilities (£8.6M).
Debt to Equity History and Analysis
Debt Level: DOC's net debt to equity ratio (47.5%) is considered high.
Reducing Debt: DOC had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: DOC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DOC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.