Minoan Group Balance Sheet Health
Financial Health criteria checks 4/6
Minoan Group has a total shareholder equity of £42.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £52.1M and £9.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£18.00k |
| Equity | UK£42.52m |
| Total liabilities | UK£9.59m |
| Total assets | UK£52.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MIN's short term assets (£48.4M) exceed its short term liabilities (£9.6M).
Long Term Liabilities: MIN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: MIN is debt free.
Reducing Debt: MIN had no debt 5 years ago.
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: MIN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MIN has less than a year of cash runway if free cash flow continues to grow at historical rates of 18.5% each year.