Tekmar Group Balance Sheet Health
Financial Health criteria checks 3/6
Tekmar Group has a total shareholder equity of £34.7M and total debt of £6.6M, which brings its debt-to-equity ratio to 19%. Its total assets and total liabilities are £53.3M and £18.6M respectively.
Key information
19.0%
Debt to equity ratio
UK£6.58m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£5.22m |
| Equity | UK£34.65m |
| Total liabilities | UK£18.60m |
| Total assets | UK£53.26m |
Recent financial health updates
Is Tekmar Group (LON:TGP) A Risky Investment?
Jul 07
Health Check: How Prudently Does Tekmar Group (LON:TGP) Use Debt?
Jun 22Tekmar Group (LON:TGP) Is Making Moderate Use Of Debt
Mar 09Recent updates
Is 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 (£27.1M) exceed its short term liabilities (£16.9M).
Long Term Liabilities: TGP's short term assets (£27.1M) exceed its long term liabilities (£1.7M).
Debt to Equity History and Analysis
Debt Level: TGP's net debt to equity ratio (3.9%) is considered satisfactory.
Reducing Debt: TGP's debt to equity ratio has increased from 0% to 19% 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: TGP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: TGP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 40.5% each year