Getech Group Balance Sheet Health
Financial Health criteria checks 3/6
Getech Group has a total shareholder equity of £6.7M and total debt of £637.0K, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are £9.9M and £3.2M respectively.
Key information
9.5%
Debt to equity ratio
UK£637.00k
Debt
Interest coverage ratio | n/a |
Cash | UK£1.98m |
Equity | UK£6.74m |
Total liabilities | UK£3.20m |
Total assets | UK£9.93m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GTC's short term assets (£3.7M) exceed its short term liabilities (£2.7M).
Long Term Liabilities: GTC's short term assets (£3.7M) exceed its long term liabilities (£527.0K).
Debt to Equity History and Analysis
Debt Level: GTC has more cash than its total debt.
Reducing Debt: GTC's debt to equity ratio has increased from 4.1% to 9.5% 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 GTC has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GTC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.