Creo Medical Group Balance Sheet Health
Financial Health criteria checks 5/6
Creo Medical Group has a total shareholder equity of £47.4M and total debt of £14.2M, which brings its debt-to-equity ratio to 30%. Its total assets and total liabilities are £69.3M and £21.9M respectively.
Key information
30.0%
Debt to equity ratio
UK£14.20m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£9.80m |
| Equity | UK£47.40m |
| Total liabilities | UK£21.90m |
| Total assets | UK£69.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1RC's short term assets (£32.1M) exceed its short term liabilities (£9.9M).
Long Term Liabilities: 1RC's short term assets (£32.1M) exceed its long term liabilities (£12.0M).
Debt to Equity History and Analysis
Debt Level: 1RC's net debt to equity ratio (9.3%) is considered satisfactory.
Reducing Debt: 1RC's debt to equity ratio has increased from 1% to 30% 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: 1RC has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1RC is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.