THG Balance Sheet Health

Financial Health criteria checks 4/6

THG has a total shareholder equity of £913.2M and total debt of £686.2M, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are £2.6B and £1.7B respectively.

Key information

75.1%

Debt to equity ratio

UK£686.19m

Debt

Interest coverage ration/a
CashUK£287.71m
EquityUK£913.19m
Total liabilitiesUK£1.67b
Total assetsUK£2.58b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HG0's short term assets (£836.8M) exceed its short term liabilities (£670.9M).

Long Term Liabilities: HG0's short term assets (£836.8M) do not cover its long term liabilities (£997.9M).


Debt to Equity History and Analysis

Debt Level: HG0's net debt to equity ratio (43.6%) is considered high.

Reducing Debt: HG0's debt to equity ratio has reduced from 150% to 75.1% 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: Whilst unprofitable HG0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: HG0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.4% per year.


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