Symphony Environmental Technologies Balance Sheet Health
Financial Health criteria checks 1/6
Symphony Environmental Technologies has a total shareholder equity of £961.0K and total debt of £2.8M, which brings its debt-to-equity ratio to 288.6%. Its total assets and total liabilities are £5.6M and £4.6M respectively.
Key information
288.6%
Debt to equity ratio
UK£2.77m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.16m |
| Equity | UK£961.00k |
| Total liabilities | UK£4.60m |
| Total assets | UK£5.56m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SYM's short term assets (£4.3M) do not cover its short term liabilities (£4.5M).
Long Term Liabilities: SYM's short term assets (£4.3M) exceed its long term liabilities (£98.0K).
Debt to Equity History and Analysis
Debt Level: SYM's net debt to equity ratio (167.6%) is considered high.
Reducing Debt: SYM's debt to equity ratio has increased from 0% to 288.6% 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 SYM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SYM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.