Itim Group Balance Sheet Health
Financial Health criteria checks 6/6
Itim Group has a total shareholder equity of £11.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £20.0M and £8.4M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£1.93m |
Equity | UK£11.53m |
Total liabilities | UK£8.44m |
Total assets | UK£19.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 32I's short term assets (£7.3M) exceed its short term liabilities (£6.7M).
Long Term Liabilities: 32I's short term assets (£7.3M) exceed its long term liabilities (£1.8M).
Debt to Equity History and Analysis
Debt Level: 32I is debt free.
Reducing Debt: 32I has no debt compared to 5 years ago when its debt to equity ratio was 62.9%.
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: 32I has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 32I has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 47.9% each year.