ITM Power Balance Sheet Health
Financial Health criteria checks 6/6
ITM Power has a total shareholder equity of £268.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £381.8M and £113.1M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£230.35m |
| Equity | UK£268.72m |
| Total liabilities | UK£113.06m |
| Total assets | UK£381.78m |
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
ITM Power Plc (LON:ITM) Just Reported And Analysts Have Been Cutting Their Estimates
Aug 17Calculating 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 (£329.5M) exceed its short term liabilities (£79.1M).
Long Term Liabilities: ITM's short term assets (£329.5M) exceed its long term liabilities (£34.0M).
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: ITM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 28.5% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/03 01:30 |
| End of Day Share Price | 2025/01/03 00:00 |
| Earnings | 2024/04/30 |
| Annual Earnings | 2024/04/30 |
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 |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
ITM Power Plc is covered by 37 analysts. 16 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 |
|---|---|
| Tom McColm | Allenby Capital Limited |
| Kulwinder Rajpal | AlphaValue |
| Daniel Slater | Arden Partners Plc. |