Bay Capital Balance Sheet Health
Financial Health criteria checks 6/6
Bay Capital has a total shareholder equity of £4.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £4.9M and £61.9K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.89m |
| Equity | UK£4.84m |
| Total liabilities | UK£61.94k |
| Total assets | UK£4.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3J9's short term assets (£4.9M) exceed its short term liabilities (£61.9K).
Long Term Liabilities: 3J9 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3J9 is debt free.
Reducing Debt: 3J9 has not had any debt for 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: 3J9 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 3J9 has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 72% each year.