Watchstone Group Balance Sheet Health
Financial Health criteria checks 4/6
Watchstone Group has a total shareholder equity of £6.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.5M and £1.0M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£7.34m |
| Equity | UK£6.46m |
| Total liabilities | UK£1.01m |
| Total assets | UK£7.46m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTG's short term assets (£7.5M) exceed its short term liabilities (£1.0M).
Long Term Liabilities: WTG has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: WTG is debt free.
Reducing Debt: WTG has no debt compared to 5 years ago when its debt to equity ratio was 7.5%.
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 WTG has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WTG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.