Red Capital Balance Sheet Health
Financial Health criteria checks 6/6
Red Capital has a total shareholder equity of £354.8K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £409.1K and £54.2K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£399.77k |
Equity | UK£354.81k |
Total liabilities | UK£54.24k |
Total assets | UK£409.05k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REDC's short term assets (£409.1K) exceed its short term liabilities (£54.2K).
Long Term Liabilities: REDC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: REDC is debt free.
Reducing Debt: REDC 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: REDC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: REDC has sufficient cash runway for 1.8 years if free cash flow continues to grow at historical rates of 1.6% each year.