First Tin Balance Sheet Health
Financial Health criteria checks 6/6
First Tin has a total shareholder equity of £37.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £39.0M and £1.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.35m |
| Equity | UK£37.88m |
| Total liabilities | UK£1.15m |
| Total assets | UK£39.04m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1SN's short term assets (£1.6M) exceed its short term liabilities (£1.2M).
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 62.9%.
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 sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: 1SN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.