Bay Capital Balance Sheet Health
Financial Health criteria checks 6/6
Bay Capital has a total shareholder equity of £5.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.1M and £958.7K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£6.07m |
Equity | UK£5.12m |
Total liabilities | UK£958.67k |
Total assets | UK£6.08m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAY's short term assets (£6.1M) exceed its short term liabilities (£958.7K).
Long Term Liabilities: BAY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BAY is debt free.
Reducing Debt: BAY has not had any debt for 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: BAY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: BAY has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 12.3% each year