INSPECS Group Financial Health
How is INSPECS Group's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: SPEC's short term assets ($125.6M) exceed its short term liabilities ($79.0M).
Long Term Liabilities: SPEC's short term assets ($125.6M) exceed its long term liabilities ($89.5M).
Debt to Equity History and Analysis
Debt Level: SPEC's net debt to equity ratio (19.6%) is considered satisfactory.
Reducing Debt: SPEC's debt to equity ratio has reduced from 130.4% to 42.4% 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: Whilst unprofitable SPEC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPEC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.1% per year.