WeCap Balance Sheet Health
Financial Health criteria checks 6/6
WeCap has a total shareholder equity of £6.9M and total debt of £5.7M, which brings its debt-to-equity ratio to 82.1%. Its total assets and total liabilities are £12.6M and £5.7M respectively.
Key information
82.1%
Debt to equity ratio
UK£5.68m
Debt
Interest coverage ratio | n/a |
Cash | UK£7.02m |
Equity | UK£6.92m |
Total liabilities | UK£5.72m |
Total assets | UK£12.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WCAP's short term assets (£7.2M) exceed its short term liabilities (£35.8K).
Long Term Liabilities: WCAP's short term assets (£7.2M) exceed its long term liabilities (£5.7M).
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 16.3% each year