Avacta Group Balance Sheet Health

Financial Health criteria checks 4/6

Avacta Group has a total shareholder equity of £48.2M and total debt of £24.0M, which brings its debt-to-equity ratio to 49.8%. Its total assets and total liabilities are £89.3M and £41.1M respectively.

Key information

49.8%

Debt to equity ratio

UK£24.00m

Debt

Interest coverage ration/a
CashUK£32.53m
EquityUK£48.16m
Total liabilitiesUK£41.13m
Total assetsUK£89.29m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: RTQ1's short term assets (£45.5M) exceed its short term liabilities (£35.3M).

Long Term Liabilities: RTQ1's short term assets (£45.5M) exceed its long term liabilities (£5.9M).


Debt to Equity History and Analysis

Debt Level: RTQ1 has more cash than its total debt.

Reducing Debt: RTQ1's debt to equity ratio has increased from 0% to 49.8% 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: RTQ1 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: RTQ1 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.6% each year


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