Tribe Technology Balance Sheet Health
Financial Health criteria checks 3/6
Tribe Technology has a total shareholder equity of £1.1M and total debt of £2.9M, which brings its debt-to-equity ratio to 263.2%. Its total assets and total liabilities are £8.0M and £6.9M respectively.
Key information
263.2%
Debt to equity ratio
UK£2.90m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.26m |
| Equity | UK£1.10m |
| Total liabilities | UK£6.87m |
| Total assets | UK£7.98m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H8P's short term assets (£7.3M) exceed its short term liabilities (£2.1M).
Long Term Liabilities: H8P's short term assets (£7.3M) exceed its long term liabilities (£4.7M).
Debt to Equity History and Analysis
Debt Level: H8P has more cash than its total debt.
Reducing Debt: Insufficient data to determine if H8P's debt to equity ratio has reduced 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 H8P has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if H8P has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.