Strip Tinning Holdings Balance Sheet Health
Financial Health criteria checks 3/6
Strip Tinning Holdings has a total shareholder equity of £4.2M and total debt of £4.3M, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are £12.6M and £8.4M respectively.
Key information
100.9%
Debt to equity ratio
UK£4.28m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.03m |
| Equity | UK£4.24m |
| Total liabilities | UK£8.41m |
| Total assets | UK£12.65m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: STG's short term assets (£6.9M) exceed its short term liabilities (£2.0M).
Long Term Liabilities: STG's short term assets (£6.9M) exceed its long term liabilities (£6.4M).
Debt to Equity History and Analysis
Debt Level: STG's net debt to equity ratio (53%) is considered high.
Reducing Debt: Insufficient data to determine if STG'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: STG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: STG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.1% each year