Distil Balance Sheet Health
Financial Health criteria checks 6/6
Distil has a total shareholder equity of £6.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.1M and £633.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£321.00k |
| Equity | UK£6.51m |
| Total liabilities | UK£633.00k |
| Total assets | UK£7.14m |
Financial Position Analysis
Short Term Liabilities: DIS's short term assets (£2.0M) exceed its short term liabilities (£633.0K).
Long Term Liabilities: DIS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: DIS is debt free.
Reducing Debt: DIS had no debt 5 years ago.
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: DIS has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: DIS is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.