Cazoo Group Balance Sheet Health
Financial Health criteria checks 4/6
Cazoo Group has a total shareholder equity of £72.6M and total debt of £531.2M, which brings its debt-to-equity ratio to 731.7%. Its total assets and total liabilities are £864.9M and £792.3M respectively.
Key information
731.7%
Debt to equity ratio
UK£531.24m
Debt
Interest coverage ratio | n/a |
Cash | UK£245.88m |
Equity | UK£72.60m |
Total liabilities | UK£792.31m |
Total assets | UK£864.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8QE's short term assets (£600.5M) exceed its short term liabilities (£342.3M).
Long Term Liabilities: 8QE's short term assets (£600.5M) exceed its long term liabilities (£450.0M).
Debt to Equity History and Analysis
Debt Level: 8QE's net debt to equity ratio (393.1%) is considered high.
Reducing Debt: Insufficient data to determine if 8QE's debt to equity ratio has reduced 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: 8QE has sufficient cash runway for 10 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 8QE has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 51.3% each year