SRT Marine Systems Balance Sheet Health
Financial Health criteria checks 4/6
SRT Marine Systems has a total shareholder equity of £12.1M and total debt of £13.7M, which brings its debt-to-equity ratio to 113.4%. Its total assets and total liabilities are £30.3M and £18.2M respectively.
Key information
113.4%
Debt to equity ratio
UK£13.67m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.78m |
| Equity | UK£12.05m |
| Total liabilities | UK£18.21m |
| Total assets | UK£30.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6S7's short term assets (£15.0M) exceed its short term liabilities (£14.8M).
Long Term Liabilities: 6S7's short term assets (£15.0M) exceed its long term liabilities (£3.5M).
Debt to Equity History and Analysis
Debt Level: 6S7's net debt to equity ratio (90.4%) is considered high.
Reducing Debt: 6S7's debt to equity ratio has increased from 27% to 113.4% 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: 6S7 has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 6S7 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 01:32 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SRT Marine Systems plc is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kimberley Carstens | Cavendish |
| Marcus Tregoning | Cavendish Historical (Cenkos Securities) |
| David Michael Jeremy | Daniel Stewart & Company |