Artisanal Spirits Balance Sheet Health
Financial Health criteria checks 3/6
Artisanal Spirits has a total shareholder equity of £18.3M and total debt of £24.1M, which brings its debt-to-equity ratio to 131.8%. Its total assets and total liabilities are £49.8M and £31.5M respectively.
Key information
131.8%
Debt to equity ratio
UK£24.08m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.24m |
| Equity | UK£18.28m |
| Total liabilities | UK£31.55m |
| Total assets | UK£49.82m |
Financial Position Analysis
Short Term Liabilities: ART's short term assets (£36.6M) exceed its short term liabilities (£4.6M).
Long Term Liabilities: ART's short term assets (£36.6M) exceed its long term liabilities (£27.0M).
Debt to Equity History and Analysis
Debt Level: ART's net debt to equity ratio (125%) is considered high.
Reducing Debt: ART's debt to equity ratio has increased from 106.4% to 131.8% 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: ART has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ART has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 10.9% each year