Surface Transforms Balance Sheet Health
Financial Health criteria checks 3/6
Surface Transforms has a total shareholder equity of £25.7M and total debt of £4.0M, which brings its debt-to-equity ratio to 15.4%. Its total assets and total liabilities are £37.7M and £12.0M respectively.
Key information
15.4%
Debt to equity ratio
UK£3.98m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.98m |
| Equity | UK£25.73m |
| Total liabilities | UK£11.99m |
| Total assets | UK£37.72m |
Recent financial health updates
No updates
Recent updates
Not Many Are Piling Into Surface Transforms Plc (LON:SCE) Stock Yet As It Plummets 37%
Nov 16
Surface Transforms Plc (LON:SCE) Stock's 78% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Oct 02A Look At The Fair Value Of Surface Transforms Plc (LON:SCE)
Aug 05When 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 (£18.3M) exceed its short term liabilities (£6.3M).
Long Term Liabilities: SCE's short term assets (£18.3M) exceed its long term liabilities (£5.7M).
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 increased from 4.5% to 15.4% 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: SCE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SCE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 38.3% each year