Octopus Future Generations VCT Balance Sheet Health
Financial Health criteria checks 6/6
Octopus Future Generations VCT has a total shareholder equity of £46.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £46.4M and £256.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£17.46m |
| Equity | UK£46.13m |
| Total liabilities | UK£256.00k |
| Total assets | UK£46.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OFG's short term assets (£17.8M) exceed its short term liabilities (£256.0K).
Long Term Liabilities: OFG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: OFG is debt free.
Reducing Debt: OFG 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: OFG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: OFG has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 8.9% each year