Diaceutics Balance Sheet Health
Financial Health criteria checks 6/6
Diaceutics has a total shareholder equity of £38.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £45.4M and £6.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£16.75m |
| Equity | UK£38.74m |
| Total liabilities | UK£6.69m |
| Total assets | UK£45.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7DC's short term assets (£27.2M) exceed its short term liabilities (£5.6M).
Long Term Liabilities: 7DC's short term assets (£27.2M) exceed its long term liabilities (£1.1M).
Debt to Equity History and Analysis
Debt Level: 7DC is debt free.
Reducing Debt: 7DC has no debt compared to 5 years ago when its debt to equity ratio was 0.6%.
Debt Coverage: 7DC has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 7DC has no debt, therefore coverage of interest payments is not a concern.