NetScientific Balance Sheet Health
Financial Health criteria checks 1/6
NetScientific has a total shareholder equity of £18.1M and total debt of £1.6M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are £23.0M and £4.9M respectively.
Key information
8.9%
Debt to equity ratio
UK£1.61m
Debt
Interest coverage ratio | n/a |
Cash | UK£61.00k |
Equity | UK£18.10m |
Total liabilities | UK£4.95m |
Total assets | UK£23.04m |
Financial Position Analysis
Short Term Liabilities: NSCI's short term assets (£1.1M) do not cover its short term liabilities (£3.7M).
Long Term Liabilities: NSCI's short term assets (£1.1M) do not cover its long term liabilities (£1.2M).
Debt to Equity History and Analysis
Debt Level: NSCI's net debt to equity ratio (8.6%) is considered satisfactory.
Reducing Debt: NSCI's debt to equity ratio has increased from 1.4% to 8.9% over the 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: Insufficient data to determine if NSCI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NSCI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.