Surgical Innovations Group Balance Sheet Health
Financial Health criteria checks 5/6
Surgical Innovations Group has a total shareholder equity of £10.5M and total debt of £854.0K, which brings its debt-to-equity ratio to 8.1%. Its total assets and total liabilities are £14.3M and £3.8M respectively.
Key information
8.1%
Debt to equity ratio
UK£854.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.21m |
| Equity | UK£10.48m |
| Total liabilities | UK£3.84m |
| Total assets | UK£14.32m |
Recent financial health updates
Is Surgical Innovations Group (LON:SUN) Weighed On By Its Debt Load?
Jun 15
Is Surgical Innovations Group (LON:SUN) Weighed On By Its Debt Load?
Sep 24Health Check: How Prudently Does Surgical Innovations Group (LON:SUN) Use Debt?
Mar 29Recent updates
Surgical Innovations Group plc's (LON:SUN) Share Price Is Matching Sentiment Around Its Revenues
Apr 19Investors Don't See Light At End Of Surgical Innovations Group plc's (LON:SUN) Tunnel And Push Stock Down 33%
Dec 29Returns On Capital At Surgical Innovations Group (LON:SUN) Paint A Concerning Picture
Sep 07Surgical Innovations Group (LON:SUN) Has Some Difficulty Using Its Capital Effectively
May 26Is Surgical Innovations Group (LON:SUN) Weighed On By Its Debt Load?
Jun 15Is Surgical Innovations Group (LON:SUN) Weighed On By Its Debt Load?
Sep 24Health Check: How Prudently Does Surgical Innovations Group (LON:SUN) Use Debt?
Mar 29Financial Position Analysis
Short Term Liabilities: SUN's short term assets (£6.1M) exceed its short term liabilities (£2.6M).
Long Term Liabilities: SUN's short term assets (£6.1M) exceed its long term liabilities (£1.2M).
Debt to Equity History and Analysis
Debt Level: SUN has more cash than its total debt.
Reducing Debt: SUN's debt to equity ratio has reduced from 14.6% to 8.1% 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: SUN has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SUN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.