Safestay Balance Sheet Health
Financial Health criteria checks 1/6
Safestay has a total shareholder equity of £27.0M and total debt of £23.7M, which brings its debt-to-equity ratio to 87.5%. Its total assets and total liabilities are £90.4M and £63.4M respectively. Safestay's EBIT is £2.2M making its interest coverage ratio 0.7. It has cash and short-term investments of £7.3M.
Key information
87.5%
Debt to equity ratio
UK£23.66m
Debt
| Interest coverage ratio | 0.7x |
| Cash | UK£7.26m |
| Equity | UK£27.03m |
| Total liabilities | UK£63.38m |
| Total assets | UK£90.41m |
Financial Position Analysis
Short Term Liabilities: SSTY's short term assets (£8.2M) do not cover its short term liabilities (£8.5M).
Long Term Liabilities: SSTY's short term assets (£8.2M) do not cover its long term liabilities (£54.9M).
Debt to Equity History and Analysis
Debt Level: SSTY's net debt to equity ratio (60.7%) is considered high.
Reducing Debt: SSTY's debt to equity ratio has reduced from 99.2% to 87.5% 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: Insufficient data to determine if SSTY has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SSTY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.