Sportech Balance Sheet Health
Financial Health criteria checks 6/6
Sportech has a total shareholder equity of £13.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £24.9M and £11.7M respectively. Sportech's EBIT is £128.0K making its interest coverage ratio 1.4. It has cash and short-term investments of £8.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£8.24m |
| Equity | UK£13.18m |
| Total liabilities | UK£11.73m |
| Total assets | UK£24.90m |
Recent financial health updates
Recent updates
Why Sportech PLC (LON:SPO) Could Be Worth Watching
Aug 23
Is There An Opportunity With Sportech PLC's (LON:SPO) 49% Undervaluation?
Jun 10Here's Why We're Not Too Worried About Sportech's (LON:SPO) Cash Burn Situation
May 10Sportech PLC's (LON:SPO) Path To Profitability
Feb 12Would Shareholders Who Purchased Sportech's (LON:SPO) Stock Three Years Be Happy With The Share price Today?
Dec 21Financial Position Analysis
Short Term Liabilities: SPO's short term assets (£10.1M) exceed its short term liabilities (£6.1M).
Long Term Liabilities: SPO's short term assets (£10.1M) exceed its long term liabilities (£5.6M).
Debt to Equity History and Analysis
Debt Level: SPO is debt free.
Reducing Debt: SPO 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: Whilst unprofitable SPO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.3% per year.