Hornby Financial Health
How is Hornby's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: HRN's short term assets (£35.4M) exceed its short term liabilities (£14.5M).
Long Term Liabilities: HRN's short term assets (£35.4M) exceed its long term liabilities (£3.7M).
Debt to Equity History and Analysis
Debt Level: HRN's net debt to equity ratio (11.9%) is considered satisfactory.
Reducing Debt: HRN's debt to equity ratio has reduced from 21.8% to 16.5% over the past 5 years.
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 HRN has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if HRN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.