Hornby Balance Sheet Health
Financial Health criteria checks 2/6
Hornby has a total shareholder equity of £18.5M and total debt of £19.6M, which brings its debt-to-equity ratio to 106%. Its total assets and total liabilities are £55.3M and £36.8M respectively.
Key information
106.0%
Debt to equity ratio
UK£19.59m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£730.00k |
| Equity | UK£18.49m |
| Total liabilities | UK£36.82m |
| Total assets | UK£55.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HNB's short term assets (£34.4M) exceed its short term liabilities (£34.2M).
Long Term Liabilities: HNB's short term assets (£34.4M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: HNB's net debt to equity ratio (102%) is considered high.
Reducing Debt: HNB's debt to equity ratio has increased from 38.9% to 106% 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 reduce at historical rates of 2.7% each year