Igraine Balance Sheet Health
Financial Health criteria checks 4/6
Igraine has a total shareholder equity of £941.2K and total debt of £24.9K, which brings its debt-to-equity ratio to 2.7%. Its total assets and total liabilities are £1.2M and £221.6K respectively.
Key information
2.7%
Debt to equity ratio
UK£24.95k
Debt
Interest coverage ratio | n/a |
Cash | UK£226.17k |
Equity | UK£941.24k |
Total liabilities | UK£221.57k |
Total assets | UK£1.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KING's short term assets (£344.8K) exceed its short term liabilities (£196.6K).
Long Term Liabilities: KING's short term assets (£344.8K) exceed its long term liabilities (£24.9K).
Debt to Equity History and Analysis
Debt Level: KING has more cash than its total debt.
Reducing Debt: KING's debt to equity ratio has reduced from 79.4% to 2.7% 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: Insufficient data to determine if KING has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if KING has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.