Pulsar Group Balance Sheet Health
Financial Health criteria checks 3/6
Pulsar Group has a total shareholder equity of £46.2M and total debt of £4.4M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are £89.5M and £43.4M respectively. Pulsar Group's EBIT is £30.0K making its interest coverage ratio 0.1. It has cash and short-term investments of £1.3M.
Key information
9.6%
Debt to equity ratio
UK£4.44m
Debt
| Interest coverage ratio | 0.1x |
| Cash | UK£1.25m |
| Equity | UK£46.18m |
| Total liabilities | UK£43.35m |
| Total assets | UK£89.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8TB's short term assets (£11.4M) do not cover its short term liabilities (£36.2M).
Long Term Liabilities: 8TB's short term assets (£11.4M) exceed its long term liabilities (£7.2M).
Debt to Equity History and Analysis
Debt Level: 8TB's net debt to equity ratio (6.9%) is considered satisfactory.
Reducing Debt: 8TB's debt to equity ratio has reduced from 10.4% to 9.6% 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: 8TB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8TB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.