Surface Transforms Balance Sheet Health
Financial Health criteria checks 4/6
Surface Transforms has a total shareholder equity of £29.0M and total debt of £994.0K, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are £35.9M and £6.9M respectively.
Key information
3.4%
Debt to equity ratio
UK£994.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.51m |
| Equity | UK£28.99m |
| Total liabilities | UK£6.87m |
| Total assets | UK£35.86m |
Recent financial health updates
No updates
Recent updates
A Look At The Fair Value Of Surface Transforms Plc (LON:SCE)
Aug 05
When Will Surface Transforms Plc (LON:SCE) Turn A Profit?
May 07The Surface Transforms (LON:SCE) Share Price Has Soared 377%, Delighting Many Shareholders
Feb 16Analysts Are Optimistic We'll See A Profit From Surface Transforms Plc (LON:SCE)
Jan 12Is There An Opportunity With Surface Transforms Plc's (LON:SCE) 44% Undervaluation?
Dec 17Financial Position Analysis
Short Term Liabilities: SCE's short term assets (£13.6M) exceed its short term liabilities (£4.6M).
Long Term Liabilities: SCE's short term assets (£13.6M) exceed its long term liabilities (£2.3M).
Debt to Equity History and Analysis
Debt Level: SCE has more cash than its total debt.
Reducing Debt: SCE's debt to equity ratio has reduced from 5.4% to 3.4% 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: Insufficient data to determine if SCE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SCE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.