Partway Group Balance Sheet Health
Financial Health criteria checks 3/6
Partway Group has a total shareholder equity of £3.4M and total debt of £1.2M, which brings its debt-to-equity ratio to 34.9%. Its total assets and total liabilities are £8.2M and £4.8M respectively.
Key information
34.9%
Debt to equity ratio
UK£1.17m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£512.00k |
| Equity | UK£3.35m |
| Total liabilities | UK£4.83m |
| Total assets | UK£8.19m |
Financial Position Analysis
Short Term Liabilities: PTY's short term assets (£4.3M) do not cover its short term liabilities (£4.8M).
Long Term Liabilities: PTY's short term assets (£4.3M) exceed its long term liabilities (£11.0K).
Debt to Equity History and Analysis
Debt Level: PTY's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: PTY's debt to equity ratio has reduced from 95.2% to 34.9% 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: Insufficient data to determine if PTY has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PTY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.