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Hyve Group Balance Sheet Health
Financial Health criteria checks 4/6
Hyve Group has a total shareholder equity of £189.2M and total debt of £99.1M, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are £479.6M and £290.5M respectively.
Key information
52.4%
Debt to equity ratio
UK£99.10m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£28.07m |
| Equity | UK£189.16m |
| Total liabilities | UK£290.45m |
| Total assets | UK£479.62m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IEG1's short term assets (£74.1M) do not cover its short term liabilities (£130.8M).
Long Term Liabilities: IEG1's short term assets (£74.1M) do not cover its long term liabilities (£159.7M).
Debt to Equity History and Analysis
Debt Level: IEG1's net debt to equity ratio (37.6%) is considered satisfactory.
Reducing Debt: IEG1's debt to equity ratio has reduced from 80.9% to 52.4% 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 IEG1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: IEG1 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 4.1% per year.