Surgical Innovations Group Balance Sheet Health
Financial Health criteria checks 4/6
Surgical Innovations Group has a total shareholder equity of £10.0M and total debt of £708.0K, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are £14.1M and £4.1M respectively.
Key information
7.1%
Debt to equity ratio
UK£708.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£232.00k |
| Equity | UK£10.00m |
| Total liabilities | UK£4.09m |
| Total assets | UK£14.09m |
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 (LON:SUN) Shares Fly 63% But Investors Aren't Buying For Growth
Jul 11Surgical 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 (£6.0M) exceed its short term liabilities (£3.1M).
Long Term Liabilities: SUN's short term assets (£6.0M) exceed its long term liabilities (£1.0M).
Debt to Equity History and Analysis
Debt Level: SUN's net debt to equity ratio (4.8%) is considered satisfactory.
Reducing Debt: SUN's debt to equity ratio has reduced from 13.7% to 7.1% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SUN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 50.7% each year