Tanfield Group Balance Sheet Health
Financial Health criteria checks 4/6
Tanfield Group has a total shareholder equity of £22.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £22.5M and £50.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.33m |
| Equity | UK£22.46m |
| Total liabilities | UK£50.00k |
| Total assets | UK£22.51m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: XS3A's short term assets (£3.4M) exceed its short term liabilities (£50.0K).
Long Term Liabilities: XS3A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: XS3A is debt free.
Reducing Debt: XS3A had no debt 5 years ago.
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: Insufficient data to determine if XS3A has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if XS3A has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.