Funding Circle Holdings Balance Sheet Health
Financial Health criteria checks 5/6
Funding Circle Holdings has a total shareholder equity of £246.8M and total debt of £56.9M, which brings its debt-to-equity ratio to 23.1%. Its total assets and total liabilities are £373.2M and £126.4M respectively.
Key information
23.1%
Debt to equity ratio
UK£56.90m
Debt
Interest coverage ratio | n/a |
Cash | UK£240.00m |
Equity | UK£246.80m |
Total liabilities | UK£126.40m |
Total assets | UK£373.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCHL's short term assets (£310.4M) exceed its short term liabilities (£117.7M).
Long Term Liabilities: FCHL's short term assets (£310.4M) exceed its long term liabilities (£8.7M).
Debt to Equity History and Analysis
Debt Level: FCHL has more cash than its total debt.
Reducing Debt: FCHL's debt to equity ratio has increased from 0% to 23.1% 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: FCHL has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FCHL has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.9% each year