CyanConnode Holdings Balance Sheet Health
Financial Health criteria checks 5/6
CyanConnode Holdings has a total shareholder equity of £13.0M and total debt of £1.4M, which brings its debt-to-equity ratio to 10.9%. Its total assets and total liabilities are £19.8M and £6.8M respectively.
Key information
10.9%
Debt to equity ratio
UK£1.42m
Debt
Interest coverage ratio | n/a |
Cash | UK£945.00k |
Equity | UK£13.03m |
Total liabilities | UK£6.78m |
Total assets | UK£19.81m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CUAN's short term assets (£11.4M) exceed its short term liabilities (£6.2M).
Long Term Liabilities: CUAN's short term assets (£11.4M) exceed its long term liabilities (£588.0K).
Debt to Equity History and Analysis
Debt Level: CUAN's net debt to equity ratio (3.7%) is considered satisfactory.
Reducing Debt: CUAN's debt to equity ratio has increased from 0% to 10.9% 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: CUAN has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CUAN is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.