DeepVerge Balance Sheet Health
Financial Health criteria checks 3/6
DeepVerge has a total shareholder equity of £22.6M and total debt of £4.2M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are £34.7M and £12.2M respectively.
Key information
18.8%
Debt to equity ratio
UK£4.24m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.18m |
| Equity | UK£22.60m |
| Total liabilities | UK£12.15m |
| Total assets | UK£34.75m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4RG's short term assets (£11.4M) exceed its short term liabilities (£8.2M).
Long Term Liabilities: 4RG's short term assets (£11.4M) exceed its long term liabilities (£3.9M).
Debt to Equity History and Analysis
Debt Level: 4RG's net debt to equity ratio (13.5%) is considered satisfactory.
Reducing Debt: 4RG's debt to equity ratio has increased from 14.2% to 18.8% 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: Insufficient data to determine if 4RG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4RG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.