SRT Marine Systems Balance Sheet Health
Financial Health criteria checks 1/6
SRT Marine Systems has a total shareholder equity of £10.9M and total debt of £9.7M, which brings its debt-to-equity ratio to 89%. Its total assets and total liabilities are £28.7M and £17.8M respectively.
Key information
89.0%
Debt to equity ratio
UK£9.69m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.93m |
| Equity | UK£10.89m |
| Total liabilities | UK£17.77m |
| Total assets | UK£28.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6S7's short term assets (£14.4M) do not cover its short term liabilities (£17.1M).
Long Term Liabilities: 6S7's short term assets (£14.4M) exceed its long term liabilities (£638.2K).
Debt to Equity History and Analysis
Debt Level: 6S7's net debt to equity ratio (52.9%) is considered high.
Reducing Debt: 6S7's debt to equity ratio has increased from 29.7% to 89% 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: Insufficient data to determine if 6S7 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 6S7 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.