FireAngel Safety Technology Group Balance Sheet Health
Financial Health criteria checks 3/6
FireAngel Safety Technology Group has a total shareholder equity of £16.0M and total debt of £6.6M, which brings its debt-to-equity ratio to 41.4%. Its total assets and total liabilities are £35.4M and £19.4M respectively.
Key information
41.4%
Debt to equity ratio
UK£6.61m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.24m |
| Equity | UK£15.97m |
| Total liabilities | UK£19.44m |
| Total assets | UK£35.41m |
Recent financial health updates
FireAngel Safety Technology Group (LON:FA.) Is Making Moderate Use Of Debt
Sep 28
Is FireAngel Safety Technology Group (LON:FA.) Weighed On By Its Debt Load?
Mar 31Is FireAngel Safety Technology Group (LON:FA.) Using Too Much Debt?
Nov 27We Think FireAngel Safety Technology Group (LON:FA.) Has A Fair Chunk Of Debt
May 03Recent updates
FireAngel Safety Technology Group (LON:FA.) Is Making Moderate Use Of Debt
Sep 28Is FireAngel Safety Technology Group (LON:FA.) Weighed On By Its Debt Load?
Mar 31Is FireAngel Safety Technology Group (LON:FA.) Using Too Much Debt?
Nov 27We Think FireAngel Safety Technology Group (LON:FA.) Has A Fair Chunk Of Debt
May 03Financial Position Analysis
Short Term Liabilities: FA.'s short term assets (£22.6M) exceed its short term liabilities (£17.0M).
Long Term Liabilities: FA.'s short term assets (£22.6M) exceed its long term liabilities (£2.4M).
Debt to Equity History and Analysis
Debt Level: FA.'s net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: FA.'s debt to equity ratio has increased from 0% to 41.4% 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 FA. has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FA. has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.