Science in Sport Balance Sheet Health
Financial Health criteria checks 4/6
Science in Sport has a total shareholder equity of £26.6M and total debt of £3.0M, which brings its debt-to-equity ratio to 11.2%. Its total assets and total liabilities are £66.3M and £39.7M respectively.
Key information
11.2%
Debt to equity ratio
UK£2.97m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.53m |
| Equity | UK£26.59m |
| Total liabilities | UK£39.72m |
| Total assets | UK£66.31m |
Recent financial health updates
Science in Sport (LON:SIS) Has Debt But No Earnings; Should You Worry?
Apr 05
Science in Sport (LON:SIS) Is In A Strong Position To Grow Its Business
Mar 10Recent updates
Science in Sport plc (LON:SIS) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Aug 02Science in Sport plc (LON:SIS) Might Not Be As Mispriced As It Looks
Jan 06Science in Sport (LON:SIS) Has Debt But No Earnings; Should You Worry?
Apr 05Increases to Science in Sport plc's (LON:SIS) CEO Compensation Might Cool off for now
Jun 18Science in Sport (LON:SIS) Is In A Strong Position To Grow Its Business
Mar 10If You Had Bought Science in Sport's (LON:SIS) Shares Three Years Ago You Would Be Down 59%
Nov 27Financial Position Analysis
Short Term Liabilities: SIS's short term assets (£21.4M) do not cover its short term liabilities (£27.5M).
Long Term Liabilities: SIS's short term assets (£21.4M) exceed its long term liabilities (£12.2M).
Debt to Equity History and Analysis
Debt Level: SIS's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: SIS's debt to equity ratio has increased from 0% to 11.2% 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: Whilst unprofitable SIS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SIS is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.6% per year.