Various Eateries Balance Sheet Health
Financial Health criteria checks 3/6
Various Eateries has a total shareholder equity of £28.7M and total debt of £3.0M, which brings its debt-to-equity ratio to 10.5%. Its total assets and total liabilities are £71.5M and £42.8M respectively.
Key information
10.5%
Debt to equity ratio
UK£3.02m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.22m |
| Equity | UK£28.73m |
| Total liabilities | UK£42.78m |
| Total assets | UK£71.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 63U's short term assets (£10.3M) do not cover its short term liabilities (£14.7M).
Long Term Liabilities: 63U's short term assets (£10.3M) do not cover its long term liabilities (£28.1M).
Debt to Equity History and Analysis
Debt Level: 63U has more cash than its total debt.
Reducing Debt: 63U had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: 63U has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 63U has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.2% each year