Getech Group Balance Sheet Health
Financial Health criteria checks 3/6
Getech Group has a total shareholder equity of £4.4M and total debt of £589.0K, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are £7.4M and £3.0M respectively.
Key information
13.4%
Debt to equity ratio
UK£589.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£385.00k |
Equity | UK£4.39m |
Total liabilities | UK£2.98m |
Total assets | UK£7.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3AS's short term assets (£3.3M) exceed its short term liabilities (£3.0M).
Long Term Liabilities: 3AS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 3AS's net debt to equity ratio (4.6%) is considered satisfactory.
Reducing Debt: 3AS's debt to equity ratio has increased from 7.3% to 13.4% 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: 3AS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3AS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.