Distil Balance Sheet Health
Financial Health criteria checks 4/6
Distil has a total shareholder equity of £5.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.9M and £956.0K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£314.00k |
| Equity | UK£5.91m |
| Total liabilities | UK£956.00k |
| Total assets | UK£6.87m |
Financial Position Analysis
Short Term Liabilities: DIS's short term assets (£1.8M) exceed its short term liabilities (£648.0K).
Long Term Liabilities: DIS's short term assets (£1.8M) exceed its long term liabilities (£308.0K).
Debt to Equity History and Analysis
Debt Level: DIS is debt free.
Reducing Debt: DIS has not had any debt for 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: DIS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DIS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 46.2% each year