Tekmar Group Balance Sheet Health
Financial Health criteria checks 3/6
Tekmar Group has a total shareholder equity of £34.7M and total debt of £6.6M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are £53.3M and £18.6M respectively.
Key information
19.0%
Debt to equity ratio
UK£6.58m
Debt
Interest coverage ratio | n/a |
Cash | UK£5.22m |
Equity | UK£34.65m |
Total liabilities | UK£18.60m |
Total assets | UK£53.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6UA's short term assets (£27.1M) exceed its short term liabilities (£16.9M).
Long Term Liabilities: 6UA's short term assets (£27.1M) exceed its long term liabilities (£1.7M).
Debt to Equity History and Analysis
Debt Level: 6UA's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: 6UA's debt to equity ratio has increased from 0% to 19% 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: 6UA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 6UA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.5% each year