CPPGroup Balance Sheet Health
Financial Health criteria checks 5/6
CPPGroup has a total shareholder equity of £5.2M and total debt of £-86.0K, which brings its debt-to-equity ratio to -1.6%. Its total assets and total liabilities are £42.6M and £37.3M respectively. CPPGroup's EBIT is £1.1M making its interest coverage ratio 2. It has cash and short-term investments of £11.6M.
Key information
-1.6%
Debt to equity ratio
-UK£86.00k
Debt
| Interest coverage ratio | 2x |
| Cash | UK£11.64m |
| Equity | UK£5.22m |
| Total liabilities | UK£37.35m |
| Total assets | UK£42.56m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4CV1's short term assets (£30.9M) do not cover its short term liabilities (£32.9M).
Long Term Liabilities: 4CV1's short term assets (£30.9M) exceed its long term liabilities (£4.5M).
Debt to Equity History and Analysis
Debt Level: 4CV1 is debt free.
Reducing Debt: 4CV1 currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: 4CV1 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 4CV1 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 13% each year