Parkmead Group Balance Sheet Health
Financial Health criteria checks 5/6
Parkmead Group has a total shareholder equity of £15.4M and total debt of £718.0K, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are £27.1M and £11.6M respectively.
Key information
4.7%
Debt to equity ratio
UK£718.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£9.20m |
Equity | UK£15.44m |
Total liabilities | UK£11.62m |
Total assets | UK£27.06m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LYK1's short term assets (£13.5M) exceed its short term liabilities (£7.8M).
Long Term Liabilities: LYK1's short term assets (£13.5M) exceed its long term liabilities (£3.8M).
Debt to Equity History and Analysis
Debt Level: LYK1 has more cash than its total debt.
Reducing Debt: LYK1's debt to equity ratio has increased from 0% to 4.7% 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: LYK1 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LYK1 has sufficient cash runway for 2.5 years if free cash flow continues to grow at historical rates of 34.9% each year.