Filtronic Balance Sheet Health
Financial Health criteria checks 6/6
Filtronic has a total shareholder equity of £11.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £18.7M and £7.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£4.06m |
Equity | UK£11.00m |
Total liabilities | UK£7.73m |
Total assets | UK£18.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FTI's short term assets (£11.2M) exceed its short term liabilities (£5.1M).
Long Term Liabilities: FTI's short term assets (£11.2M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: FTI is debt free.
Reducing Debt: FTI has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
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: Whilst unprofitable FTI has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FTI is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.8% per year.