Staffline Group Balance Sheet Health
Financial Health criteria checks 5/6
Staffline Group has a total shareholder equity of £54.9M and total debt of £9.5M, which brings its debt-to-equity ratio to 17.3%. Its total assets and total liabilities are £212.2M and £157.3M respectively. Staffline Group's EBIT is £7.0M making its interest coverage ratio 1.4. It has cash and short-term investments of £15.0M.
Key information
17.3%
Debt to equity ratio
UK£9.50m
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£15.00m |
| Equity | UK£54.90m |
| Total liabilities | UK£157.30m |
| Total assets | UK£212.20m |
Recent financial health updates
Is Staffline Group (LON:STAF) A Risky Investment?
Aug 04
Here's Why Staffline Group (LON:STAF) Can Manage Its Debt Responsibly
Sep 15Recent updates
Is There Now An Opportunity In Staffline Group plc (LON:STAF)?
Mar 05Staffline Group (LON:STAF) Will Be Looking To Turn Around Its Returns
Jan 09Is Staffline Group (LON:STAF) A Risky Investment?
Aug 04Staffline Group (LON:STAF) May Have Issues Allocating Its Capital
Jun 28A Look At The Intrinsic Value Of Staffline Group plc (LON:STAF)
Jan 06What Is Staffline Group plc's (LON:STAF) Share Price Doing?
Nov 03We Don’t Think Staffline Group's (LON:STAF) Earnings Should Make Shareholders Too Comfortable
Aug 10Staffline Group's (LON:STAF) Returns On Capital Not Reflecting Well On The Business
Aug 03Staffline Group (LON:STAF) Could Be At Risk Of Shrinking As A Company
Nov 17Here's Why Staffline Group (LON:STAF) Can Manage Its Debt Responsibly
Sep 15Financial Position Analysis
Short Term Liabilities: STAF's short term assets (£144.4M) do not cover its short term liabilities (£153.7M).
Long Term Liabilities: STAF's short term assets (£144.4M) exceed its long term liabilities (£3.6M).
Debt to Equity History and Analysis
Debt Level: STAF has more cash than its total debt.
Reducing Debt: STAF's debt to equity ratio has reduced from 95.9% to 17.3% 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: Whilst unprofitable STAF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: STAF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 14.8% per year.