ANGLE Balance Sheet Health
Financial Health criteria checks 6/6
ANGLE has a total shareholder equity of £22.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £31.2M and £8.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£16.22m |
Equity | UK£22.94m |
Total liabilities | UK£8.24m |
Total assets | UK£31.18m |
Recent financial health updates
We're Keeping An Eye On ANGLE's (LON:AGL) Cash Burn Rate
Mar 20Will ANGLE (LON:AGL) Spend Its Cash Wisely?
Dec 02We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully
Aug 11We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully
Feb 28ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans
Jul 16ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans
Aug 23Recent updates
We're Keeping An Eye On ANGLE's (LON:AGL) Cash Burn Rate
Mar 20Will ANGLE (LON:AGL) Spend Its Cash Wisely?
Dec 02We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully
Aug 11We Think ANGLE (LON:AGL) Needs To Drive Business Growth Carefully
Feb 28ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans
Jul 16ANGLE (LON:AGL) Is In A Good Position To Deliver On Growth Plans
Aug 23We're Not Very Worried About ANGLE's (LON:AGL) Cash Burn Rate
May 02What Type Of Shareholders Make Up ANGLE plc's (LON:AGL) Share Registry?
Feb 14We're Keeping An Eye On ANGLE's (LON:AGL) Cash Burn Rate
Dec 22Financial Position Analysis
Short Term Liabilities: AGL's short term assets (£21.2M) exceed its short term liabilities (£3.9M).
Long Term Liabilities: AGL's short term assets (£21.2M) exceed its long term liabilities (£4.3M).
Debt to Equity History and Analysis
Debt Level: AGL is debt free.
Reducing Debt: AGL 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: AGL has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: AGL is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.