First Tin Balance Sheet Health
Financial Health criteria checks 5/6
First Tin has a total shareholder equity of £39.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £40.5M and £1.5M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£4.66m |
Equity | UK£38.97m |
Total liabilities | UK£1.53m |
Total assets | UK£40.50m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SN's short term assets (£4.9M) exceed its short term liabilities (£1.5M).
Long Term Liabilities: 1SN has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 1SN is debt free.
Reducing Debt: 1SN has no debt compared to 5 years ago when its debt to equity ratio was 40.8%.
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: 1SN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1SN has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 45.2% each year.