WeCap Balance Sheet Health
Financial Health criteria checks 6/6
WeCap has a total shareholder equity of £7.4M and total debt of £5.9M, which brings its debt-to-equity ratio to 80%. Its total assets and total liabilities are £13.4M and £6.0M respectively.
Key information
80.0%
Debt to equity ratio
UK£5.91m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.86m |
| Equity | UK£7.39m |
| Total liabilities | UK£5.96m |
| Total assets | UK£13.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCAP's short term assets (£8.0M) exceed its short term liabilities (£6.0M).
Long Term Liabilities: WCAP has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WCAP has more cash than its total debt.
Reducing Debt: WCAP had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: WCAP has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: WCAP has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 18.4% each year