Equipmake Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Equipmake Holdings has a total shareholder equity of £10.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.8M and £2.9M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£3.91m |
Equity | UK£10.85m |
Total liabilities | UK£2.90m |
Total assets | UK£13.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EQIP's short term assets (£11.1M) exceed its short term liabilities (£2.5M).
Long Term Liabilities: EQIP's short term assets (£11.1M) exceed its long term liabilities (£385.8K).
Debt to Equity History and Analysis
Debt Level: EQIP is debt free.
Reducing Debt: EQIP had no debt 5 years ago.
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: EQIP has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EQIP is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.