Synairgen Balance Sheet Health
Financial Health criteria checks 6/6
Synairgen has a total shareholder equity of £12.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £14.2M and £1.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£12.02m |
| Equity | UK£12.66m |
| Total liabilities | UK£1.56m |
| Total assets | UK£14.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OMY's short term assets (£14.1M) exceed its short term liabilities (£1.6M).
Long Term Liabilities: OMY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OMY is debt free.
Reducing Debt: OMY has not had any debt for 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: OMY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: OMY has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 25.3% each year.