Hornby Balance Sheet Health
Financial Health criteria checks 2/6
Hornby has a total shareholder equity of £31.8M and total debt of £15.8M, which brings its debt-to-equity ratio to 49.7%. Its total assets and total liabilities are £59.9M and £28.1M respectively.
Key information
49.7%
Debt to equity ratio
UK£15.81m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.01m |
| Equity | UK£31.79m |
| Total liabilities | UK£28.10m |
| Total assets | UK£59.89m |
Recent financial health updates
We're Hopeful That Hornby (LON:HRN) Will Use Its Cash Wisely
May 24
Here's Why We're Not Too Worried About Hornby's (LON:HRN) Cash Burn Situation
Nov 20Recent updates
Why Investors Shouldn't Be Surprised By Hornby PLC's (LON:HRN) P/S
Jan 23Hornby PLC's (LON:HRN) 26% Dip In Price Shows Sentiment Is Matching Earnings
Jul 08Hornby (LON:HRN) Might Have The Makings Of A Multi-Bagger
Jul 21The Return Trends At Hornby (LON:HRN) Look Promising
Jan 05We Think Shareholders Will Probably Be Generous With Hornby PLC's (LON:HRN) CEO Compensation
Sep 09Investors Shouldn't Be Too Comfortable With Hornby's (LON:HRN) Robust Earnings
Jun 17We're Hopeful That Hornby (LON:HRN) Will Use Its Cash Wisely
May 24Are Insiders Buying Hornby PLC (LON:HRN) Stock?
Feb 07
What Can We Learn About Hornby's (LON:HRN) CEO Compensation?
Jan 11Announcing: Hornby (LON:HRN) Stock Increased An Energizing 104% In The Last Three Years
Dec 16Here's Why We're Not Too Worried About Hornby's (LON:HRN) Cash Burn Situation
Nov 20Financial Position Analysis
Short Term Liabilities: HRN's short term assets (£34.5M) exceed its short term liabilities (£16.1M).
Long Term Liabilities: HRN's short term assets (£34.5M) exceed its long term liabilities (£12.0M).
Debt to Equity History and Analysis
Debt Level: HRN's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: HRN's debt to equity ratio has increased from 8.6% to 49.7% 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: HRN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HRN has less than a year of cash runway if free cash flow continues to grow at historical rates of 5.5% each year.