Tekmar Group Balance Sheet Health
Financial Health criteria checks 5/6
Tekmar Group has a total shareholder equity of £28.2M and total debt of £6.2M, which brings its debt-to-equity ratio to 22%. Its total assets and total liabilities are £50.9M and £22.7M respectively.
Key information
22.0%
Debt to equity ratio
UK£6.18m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.63m |
| Equity | UK£28.16m |
| Total liabilities | UK£22.74m |
| Total assets | UK£50.91m |
Recent financial health updates
Does Tekmar Group (LON:TGP) Have A Healthy Balance Sheet?
Mar 12
Is Tekmar Group (LON:TGP) A Risky Investment?
Jul 07Health Check: How Prudently Does Tekmar Group (LON:TGP) Use Debt?
Jun 22Tekmar Group (LON:TGP) Is Making Moderate Use Of Debt
Mar 09Recent updates
Does Tekmar Group (LON:TGP) Have A Healthy Balance Sheet?
Mar 12Many Still Looking Away From Tekmar Group plc (LON:TGP)
Oct 31Is Tekmar Group (LON:TGP) A Risky Investment?
Jul 07Calculating The Fair Value Of Tekmar Group plc (LON:TGP)
Mar 15Health Check: How Prudently Does Tekmar Group (LON:TGP) Use Debt?
Jun 22Tekmar Group (LON:TGP) Is Making Moderate Use Of Debt
Mar 09One Tekmar Group plc (LON:TGP) Broker Analyst Just Cut Their Revenue Numbers By 17%
Jun 03A Look At The Intrinsic Value Of Tekmar Group plc (LON:TGP)
Jan 06Tekmar Group (LON:TGP) Share Prices Have Dropped 50% In The Last Year
Dec 02
Financial Position Analysis
Short Term Liabilities: TGP's short term assets (£26.8M) exceed its short term liabilities (£20.9M).
Long Term Liabilities: TGP's short term assets (£26.8M) exceed its long term liabilities (£1.8M).
Debt to Equity History and Analysis
Debt Level: TGP's net debt to equity ratio (5.5%) is considered satisfactory.
Reducing Debt: TGP's debt to equity ratio has increased from 0% to 22% 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: Whilst unprofitable TGP has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGP is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 15.6% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/15 11:17 |
| End of Day Share Price | 2025/04/15 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Tekmar Group plc is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anthony Plom | Berenberg |
| Ian McInally | Cavendish |