Funding Circle Holdings Balance Sheet Health
Financial Health criteria checks 6/6
Funding Circle Holdings has a total shareholder equity of £229.0M and total debt of £72.4M, which brings its debt-to-equity ratio to 31.6%. Its total assets and total liabilities are £350.9M and £121.9M respectively.
Key information
31.6%
Debt to equity ratio
UK£72.40m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£194.40m |
| Equity | UK£229.00m |
| Total liabilities | UK£121.90m |
| Total assets | UK£350.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FCHL's short term assets (£296.0M) exceed its short term liabilities (£114.9M).
Long Term Liabilities: FCHL's short term assets (£296.0M) exceed its long term liabilities (£7.0M).
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 reduced from 38.9% to 31.6% 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 a year based on its current free cash flow.
Forecast Cash Runway: FCHL has sufficient cash runway for 1.4 years if free cash flow continues to grow at historical rates of 2.6% each year.