Scirocco Energy Balance Sheet Health
Financial Health criteria checks 4/6
Scirocco Energy has a total shareholder equity of £9.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.5M and £4.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£353.00k |
Equity | UK£9.49m |
Total liabilities | UK£3.97m |
Total assets | UK£13.45m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCIR's short term assets (£11.9M) exceed its short term liabilities (£4.0M).
Long Term Liabilities: SCIR has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SCIR is debt free.
Reducing Debt: SCIR has no debt compared to 5 years ago when its debt to equity ratio was 4.3%.
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 SCIR has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SCIR has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.