Northcoders Group Balance Sheet Health
Financial Health criteria checks 6/6
Northcoders Group has a total shareholder equity of £5.0M and total debt of £601.7K, which brings its debt-to-equity ratio to 12%. Its total assets and total liabilities are £7.1M and £2.1M respectively.
Key information
12.0%
Debt to equity ratio
UK£601.68k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.31m |
| Equity | UK£5.02m |
| Total liabilities | UK£2.13m |
| Total assets | UK£7.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5BN's short term assets (£3.5M) exceed its short term liabilities (£1.7M).
Long Term Liabilities: 5BN's short term assets (£3.5M) exceed its long term liabilities (£463.3K).
Debt to Equity History and Analysis
Debt Level: 5BN has more cash than its total debt.
Reducing Debt: 5BN's debt to equity ratio has reduced from 35% to 12% 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: Whilst unprofitable 5BN has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 5BN is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 8.9% per year.