Eight Capital Partners Balance Sheet Health
Financial Health criteria checks 5/6
Eight Capital Partners has a total shareholder equity of £11.5M and total debt of £882.0K, which brings its debt-to-equity ratio to 7.7%. Its total assets and total liabilities are £13.4M and £1.9M respectively.
Key information
7.7%
Debt to equity ratio
UK£882.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£13.17m |
| Equity | UK£11.49m |
| Total liabilities | UK£1.89m |
| Total assets | UK£13.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECS's short term assets (£13.4M) exceed its short term liabilities (£1.0M).
Long Term Liabilities: ECS's short term assets (£13.4M) exceed its long term liabilities (£882.0K).
Debt to Equity History and Analysis
Debt Level: ECS has more cash than its total debt.
Reducing Debt: ECS's debt to equity ratio has increased from 0% to 7.7% 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: ECS has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ECS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 15.4% each year