Hornby Balance Sheet Health
Financial Health criteria checks 2/6
Hornby has a total shareholder equity of £31.8M and total debt of £15.8M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are £59.9M and £28.1M respectively.
Key information
49.7%
Debt to equity ratio
UK£15.81m
Debt
Interest coverage ratio | n/a |
Cash | UK£1.01m |
Equity | UK£31.79m |
Total liabilities | UK£28.10m |
Total assets | UK£59.89m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNB's short term assets (£34.5M) exceed its short term liabilities (£16.1M).
Long Term Liabilities: HNB's short term assets (£34.5M) exceed its long term liabilities (£12.0M).
Debt to Equity History and Analysis
Debt Level: HNB's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: HNB's debt to equity ratio has increased from 8.6% to 49.7% 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: HNB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HNB has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.