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
We Think Strip Tinning Holdings (LON:STG) Has A Fair Chunk Of Debt
Dec 14
Strip Tinning Holdings (LON:STG) Is Making Moderate Use Of Debt
Jun 06Recent updates
We Think Strip Tinning Holdings (LON:STG) Has A Fair Chunk Of Debt
Dec 14Strip Tinning Holdings plc (LON:STG) Might Not Be As Mispriced As It Looks
Sep 18The Market Lifts Strip Tinning Holdings plc (LON:STG) Shares 52% But It Can Do More
Jun 07Strip Tinning Holdings (LON:STG) Is Making Moderate Use Of Debt
Jun 06Financial 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
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 09:20 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/06/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Strip Tinning Holdings plc is covered by 0 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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