Light Science Technologies Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Light Science Technologies Holdings has a total shareholder equity of £2.5M and total debt of £2.0M, which brings its debt-to-equity ratio to 79.5%. Its total assets and total liabilities are £8.3M and £5.9M respectively.
Key information
79.5%
Debt to equity ratio
UK£1.96m
Debt
Interest coverage ratio | n/a |
Cash | UK£981.36k |
Equity | UK£2.47m |
Total liabilities | UK£5.87m |
Total assets | UK£8.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9FD's short term assets (£4.6M) exceed its short term liabilities (£4.1M).
Long Term Liabilities: 9FD's short term assets (£4.6M) exceed its long term liabilities (£1.7M).
Debt to Equity History and Analysis
Debt Level: 9FD's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9FD's debt to equity ratio has reduced 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: 9FD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 9FD has sufficient cash runway for 1.7 years if free cash flow continues to reduce at historical rates of 29.7% each year.