Octopus Titan VCT Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Titan VCT has a total shareholder equity of £993.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.0B and £19.5M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£220.65m |
Equity | UK£993.74m |
Total liabilities | UK£19.53m |
Total assets | UK£1.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8Y2's short term assets (£222.5M) exceed its short term liabilities (£19.5M).
Long Term Liabilities: 8Y2 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 8Y2 is debt free.
Reducing Debt: 8Y2 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: 8Y2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 8Y2 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 23.6% each year