Red Capital Balance Sheet Health
Financial Health criteria checks 6/6
Red Capital has a total shareholder equity of £245.1K and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £275.4K and £30.3K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£266.22k |
| Equity | UK£245.08k |
| Total liabilities | UK£30.29k |
| Total assets | UK£275.37k |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: REDC's short term assets (£275.4K) exceed its short term liabilities (£30.3K).
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 1.2 years if free cash flow continues to grow at historical rates of 0.3% each year.