Lift Global Ventures Balance Sheet Health
Financial Health criteria checks 6/6
Lift Global Ventures has a total shareholder equity of £1.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £1.6M and £50.7K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£929.38k |
Equity | UK£1.53m |
Total liabilities | UK£50.73k |
Total assets | UK£1.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LFT's short term assets (£1.2M) exceed its short term liabilities (£50.7K).
Long Term Liabilities: LFT has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: LFT is debt free.
Reducing Debt: LFT 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: LFT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: LFT has sufficient cash runway for 2.7 years if free cash flow continues to grow at historical rates of 106.9% each year.