Sure Ventures Balance Sheet Health
Financial Health criteria checks 1/6
Sure Ventures has a total shareholder equity of £7.9M and total debt of £200.0K, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are £8.3M and £398.9K respectively.
Key information
2.5%
Debt to equity ratio
UK£200.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£75.52k |
Equity | UK£7.94m |
Total liabilities | UK£398.87k |
Total assets | UK£8.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 08F's short term assets (£76.7K) do not cover its short term liabilities (£183.8K).
Long Term Liabilities: 08F's short term assets (£76.7K) do not cover its long term liabilities (£215.1K).
Debt to Equity History and Analysis
Debt Level: 08F's net debt to equity ratio (1.6%) is considered satisfactory.
Reducing Debt: 08F's debt to equity ratio has increased from 0% to 2.5% over the past 5 years.
Debt Coverage: 08F's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 08F's interest payments on its debt are well covered by EBIT.