INSPECS Group Balance Sheet Health
Financial Health criteria checks 6/6
INSPECS Group has a total shareholder equity of £103.5M and total debt of £44.3M, which brings its debt-to-equity ratio to 42.8%. Its total assets and total liabilities are £221.9M and £118.4M respectively. INSPECS Group's EBIT is £2.9M making its interest coverage ratio 0.7. It has cash and short-term investments of £20.1M.
Key information
42.8%
Debt to equity ratio
UK£44.27m
Debt
Interest coverage ratio | 0.7x |
Cash | UK£20.07m |
Equity | UK£103.52m |
Total liabilities | UK£118.39m |
Total assets | UK£221.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4GV's short term assets (£98.0M) exceed its short term liabilities (£65.9M).
Long Term Liabilities: 4GV's short term assets (£98.0M) exceed its long term liabilities (£52.5M).
Debt to Equity History and Analysis
Debt Level: 4GV's net debt to equity ratio (23.4%) is considered satisfactory.
Reducing Debt: 4GV's debt to equity ratio has reduced from 97.5% to 42.8% 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 4.6% per year.