4GLOBAL Balance Sheet Health
Financial Health criteria checks 4/6
4GLOBAL has a total shareholder equity of £4.5M and total debt of £108.3K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are £6.1M and £1.6M respectively. 4GLOBAL's EBIT is £857.2K making its interest coverage ratio 4.9. It has cash and short-term investments of £148.7K.
Key information
2.4%
Debt to equity ratio
UK£108.33k
Debt
| Interest coverage ratio | 4.9x |
| Cash | UK£148.69k |
| Equity | UK£4.50m |
| Total liabilities | UK£1.60m |
| Total assets | UK£6.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HS9's short term assets (£4.7M) exceed its short term liabilities (£1.5M).
Long Term Liabilities: HS9's short term assets (£4.7M) exceed its long term liabilities (£123.0K).
Debt to Equity History and Analysis
Debt Level: HS9 has more cash than its total debt.
Reducing Debt: HS9's debt to equity ratio has reduced from 205.6% to 2.4% 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: HS9 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HS9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.