Induction Healthcare Group Balance Sheet Health
Financial Health criteria checks 6/6
Induction Healthcare Group has a total shareholder equity of £18.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £27.1M and £8.9M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£3.13m |
Equity | UK£18.19m |
Total liabilities | UK£8.90m |
Total assets | UK£27.09m |
Recent financial health updates
No updates
Recent updates
Potential Upside For Induction Healthcare Group PLC (LON:INHC) Not Without Risk
Oct 31Take Care Before Diving Into The Deep End On Induction Healthcare Group PLC (LON:INHC)
Mar 15Fewer Investors Than Expected Jumping On Induction Healthcare Group PLC (LON:INHC)
Aug 24Update: Induction Healthcare Group (LON:INHC) Stock Gained 18% In The Last Year
Mar 20Financial Position Analysis
Short Term Liabilities: INHC's short term assets (£7.2M) exceed its short term liabilities (£5.0M).
Long Term Liabilities: INHC's short term assets (£7.2M) exceed its long term liabilities (£3.9M).
Debt to Equity History and Analysis
Debt Level: INHC is debt free.
Reducing Debt: INHC 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: INHC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: INHC has sufficient cash runway for 2.4 years if free cash flow continues to grow at historical rates of 13.6% each year.