INSPECS Group Balance Sheet Health
Financial Health criteria checks 6/6
INSPECS Group has a total shareholder equity of £101.9M and total debt of £44.4M, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are £218.2M and £116.3M respectively. INSPECS Group's EBIT is £1.6M making its interest coverage ratio 0.4. It has cash and short-term investments of £24.6M.
Key information
43.6%
Debt to equity ratio
UK£44.43m
Debt
| Interest coverage ratio | 0.4x |
| Cash | UK£24.62m |
| Equity | UK£101.94m |
| Total liabilities | UK£116.30m |
| Total assets | UK£218.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GV's short term assets (£98.2M) exceed its short term liabilities (£67.3M).
Long Term Liabilities: 4GV's short term assets (£98.2M) exceed its long term liabilities (£49.0M).
Debt to Equity History and Analysis
Debt Level: 4GV's net debt to equity ratio (19.4%) is considered satisfactory.
Reducing Debt: 4GV's debt to equity ratio has reduced from 69.3% to 43.6% 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: Whilst unprofitable 4GV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 4GV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 05:15 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
INSPECS Group plc is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Charles Hall | Peel Hunt LLP |