TruFin Balance Sheet Health
Financial Health criteria checks 4/6
TruFin has a total shareholder equity of £37.9M and total debt of £7.2M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are £50.7M and £12.7M respectively.
Key information
19.0%
Debt to equity ratio
UK£7.20m
Debt
Interest coverage ratio | n/a |
Cash | UK£10.14m |
Equity | UK£37.94m |
Total liabilities | UK£12.74m |
Total assets | UK£50.68m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 29U's short term assets (£24.7M) exceed its short term liabilities (£11.7M).
Long Term Liabilities: 29U's short term assets (£24.7M) exceed its long term liabilities (£1.0M).
Debt to Equity History and Analysis
Debt Level: 29U has more cash than its total debt.
Reducing Debt: 29U's debt to equity ratio has reduced from 38.5% to 19% 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: 29U has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 29U has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.