Creo Medical Group Financial Health
How is Creo Medical Group's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: CREO's short term assets (£47.0M) exceed its short term liabilities (£17.7M).
Long Term Liabilities: CREO's short term assets (£47.0M) exceed its long term liabilities (£8.7M).
Debt to Equity History and Analysis
Debt Level: CREO has more cash than its total debt.
Reducing Debt: CREO's debt to equity ratio has increased from 0% to 19.7% over the past 5 years.
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: CREO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CREO has sufficient cash runway for 1.9 years if free cash flow continues to reduce at historical rates of 26.7% each year.