Artisanal Spirits Balance Sheet Health
Financial Health criteria checks 3/6
Artisanal Spirits has a total shareholder equity of £15.2M and total debt of £28.8M, which brings its debt-to-equity ratio to 190.4%. Its total assets and total liabilities are £52.6M and £37.4M respectively.
Key information
190.4%
Debt to equity ratio
UK£28.85m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.88m |
| Equity | UK£15.15m |
| Total liabilities | UK£37.43m |
| Total assets | UK£52.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ART's short term assets (£38.4M) exceed its short term liabilities (£4.6M).
Long Term Liabilities: ART's short term assets (£38.4M) exceed its long term liabilities (£32.8M).
Debt to Equity History and Analysis
Debt Level: ART's net debt to equity ratio (178%) is considered high.
Reducing Debt: ART's debt to equity ratio has increased from 109.7% to 190.4% 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 15.7% each year