Cornerstone FS Balance Sheet Health
Financial Health criteria checks 3/6
Cornerstone FS has a total shareholder equity of £396.1K and total debt of £2.2M, which brings its debt-to-equity ratio to 548.5%. Its total assets and total liabilities are £4.5M and £4.1M respectively.
Key information
548.5%
Debt to equity ratio
UK£2.17m
Debt
Interest coverage ratio | n/a |
Cash | UK£816.18k |
Equity | UK£396.11k |
Total liabilities | UK£4.13m |
Total assets | UK£4.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CSFS's short term assets (£2.3M) exceed its short term liabilities (£1.9M).
Long Term Liabilities: CSFS's short term assets (£2.3M) exceed its long term liabilities (£2.3M).
Debt to Equity History and Analysis
Debt Level: CSFS's net debt to equity ratio (342.4%) is considered high.
Reducing Debt: CSFS had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 CSFS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CSFS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.