Ironveld Balance Sheet Health
Financial Health criteria checks 1/6
Ironveld has a total shareholder equity of £23.3M and total debt of £261.0K, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are £35.2M and £11.9M respectively.
Key information
1.1%
Debt to equity ratio
UK£261.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£32.00k |
| Equity | UK£23.31m |
| Total liabilities | UK£11.92m |
| Total assets | UK£35.24m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: IRON's short term assets (£416.0K) do not cover its short term liabilities (£4.1M).
Long Term Liabilities: IRON's short term assets (£416.0K) do not cover its long term liabilities (£7.8M).
Debt to Equity History and Analysis
Debt Level: IRON's net debt to equity ratio (1%) is considered satisfactory.
Reducing Debt: IRON's debt to equity ratio has increased from 0% to 1.1% 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: Insufficient data to determine if IRON has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if IRON has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.