Creo Medical Group Balance Sheet Health
Financial Health criteria checks 3/6
Creo Medical Group has a total shareholder equity of £69.0M and total debt of £9.2M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are £88.7M and £19.7M respectively.
Key information
13.3%
Debt to equity ratio
UK£9.20m
Debt
Interest coverage ratio | n/a |
Cash | UK£26.50m |
Equity | UK£69.00m |
Total liabilities | UK£19.70m |
Total assets | UK£88.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1RC's short term assets (£49.1M) exceed its short term liabilities (£11.9M).
Long Term Liabilities: 1RC's short term assets (£49.1M) exceed its long term liabilities (£7.8M).
Debt to Equity History and Analysis
Debt Level: 1RC has more cash than its total debt.
Reducing Debt: 1RC's debt to equity ratio has increased from 0.6% to 13.3% 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: Insufficient data to determine if 1RC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 1RC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.