Tap Global Group Balance Sheet Health

Financial Health criteria checks 4/6

Tap Global Group has a total shareholder equity of £24.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £26.0M and £1.3M respectively.

Key information

0%

Debt to equity ratio

UK£0

Debt

Interest coverage ration/a
CashUK£1.89m
EquityUK£24.69m
Total liabilitiesUK£1.33m
Total assetsUK£26.02m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 8J9's short term assets (£2.1M) exceed its short term liabilities (£1.3M).

Long Term Liabilities: 8J9's short term assets (£2.1M) exceed its long term liabilities (£42.5K).


Debt to Equity History and Analysis

Debt Level: 8J9 is debt free.

Reducing Debt: 8J9 had no debt 5 years ago.


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: Insufficient data to determine if 8J9 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 8J9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


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