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.