Staffline Group Balance Sheet Health
Financial Health criteria checks 5/6
Staffline Group has a total shareholder equity of £40.6M and total debt of £13.8M, which brings its debt-to-equity ratio to 34%. Its total assets and total liabilities are £203.5M and £162.9M respectively. Staffline Group's EBIT is £9.5M making its interest coverage ratio 1.8. It has cash and short-term investments of £5.4M.
Key information
34.0%
Debt to equity ratio
UK£13.80m
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£5.40m |
| Equity | UK£40.60m |
| Total liabilities | UK£162.90m |
| Total assets | UK£203.50m |
Recent financial health updates
These 4 Measures Indicate That Staffline Group (LON:STAF) Is Using Debt Extensively
Aug 06
Is Staffline Group (LON:STAF) A Risky Investment?
Aug 04Here's Why Staffline Group (LON:STAF) Can Manage Its Debt Responsibly
Sep 15Recent updates
At UK£0.30, Is It Time To Put Staffline Group plc (LON:STAF) On Your Watch List?
Oct 01These 4 Measures Indicate That Staffline Group (LON:STAF) Is Using Debt Extensively
Aug 06Slowing Rates Of Return At Staffline Group (LON:STAF) Leave Little Room For Excitement
May 24Is 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 (£147.4M) do not cover its short term liabilities (£158.3M).
Long Term Liabilities: STAF's short term assets (£147.4M) exceed its long term liabilities (£4.6M).
Debt to Equity History and Analysis
Debt Level: STAF's net debt to equity ratio (20.7%) is considered satisfactory.
Reducing Debt: STAF's debt to equity ratio has reduced from 111.7% to 34% 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 4.5% per year.