ITM Power Balance Sheet Health
Financial Health criteria checks 5/6
ITM Power has a total shareholder equity of £277.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £403.1M and £125.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£253.75m |
| Equity | UK£277.43m |
| Total liabilities | UK£125.63m |
| Total assets | UK£403.05m |
Recent financial health updates
Companies Like ITM Power (LON:ITM) Are In A Position To Invest In Growth
Aug 23
We Think ITM Power (LON:ITM) Needs To Drive Business Growth Carefully
May 13Is ITM Power (LON:ITM) In A Good Position To Deliver On Growth Plans?
Feb 02ITM Power (LON:ITM) Is In A Good Position To Deliver On Growth Plans
Oct 12We're Interested To See How ITM Power (LON:ITM) Uses Its Cash Hoard To Grow
May 17We're Not Worried About ITM Power's (LON:ITM) Cash Burn
Jan 29Recent updates
Calculating The Intrinsic Value Of ITM Power Plc (LON:ITM)
Dec 12Is It Time To Consider Buying ITM Power Plc (LON:ITM)?
Oct 14Companies Like ITM Power (LON:ITM) Are In A Position To Invest In Growth
Aug 23We Think ITM Power (LON:ITM) Needs To Drive Business Growth Carefully
May 13Is ITM Power (LON:ITM) In A Good Position To Deliver On Growth Plans?
Feb 02ITM Power (LON:ITM) Is In A Good Position To Deliver On Growth Plans
Oct 12At UK£1.81, Is ITM Power Plc (LON:ITM) Worth Looking At Closely?
Jul 03Some Analysts Just Cut Their ITM Power Plc (LON:ITM) Estimates
May 19We're Interested To See How ITM Power (LON:ITM) Uses Its Cash Hoard To Grow
May 17We're Not Worried About ITM Power's (LON:ITM) Cash Burn
Jan 29Here's Why We're Not Too Worried About ITM Power's (LON:ITM) Cash Burn Situation
Oct 24Financial Position Analysis
Short Term Liabilities: ITM's short term assets (£359.2M) exceed its short term liabilities (£80.8M).
Long Term Liabilities: ITM's short term assets (£359.2M) exceed its long term liabilities (£44.9M).
Debt to Equity History and Analysis
Debt Level: ITM is debt free.
Reducing Debt: ITM has not had any debt for 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: ITM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ITM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.