Northcoders Group Balance Sheet Health
Financial Health criteria checks 5/6
Northcoders Group has a total shareholder equity of £4.8M and total debt of £767.7K, which brings its debt-to-equity ratio to 15.9%. Its total assets and total liabilities are £7.3M and £2.4M respectively.
Key information
15.9%
Debt to equity ratio
UK£767.66k
Debt
Interest coverage ratio | n/a |
Cash | UK£1.62m |
Equity | UK£4.82m |
Total liabilities | UK£2.45m |
Total assets | UK£7.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CODE's short term assets (£3.7M) exceed its short term liabilities (£1.8M).
Long Term Liabilities: CODE's short term assets (£3.7M) exceed its long term liabilities (£628.4K).
Debt to Equity History and Analysis
Debt Level: CODE has more cash than its total debt.
Reducing Debt: CODE's debt to equity ratio has reduced from 133.9% to 15.9% 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: CODE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CODE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.