Kendrick Resources Balance Sheet Health
Financial Health criteria checks 2/6
Kendrick Resources has a total shareholder equity of £4.3M and total debt of £100.0K, which brings its debt-to-equity ratio to 2.3%. Its total assets and total liabilities are £5.0M and £731.3K respectively.
Key information
2.3%
Debt to equity ratio
UK£100.00k
Debt
| Interest coverage ratio | n/a |
| Cash | UK£127.67k |
| Equity | UK£4.30m |
| Total liabilities | UK£731.32k |
| Total assets | UK£5.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEN's short term assets (£191.8K) do not cover its short term liabilities (£631.3K).
Long Term Liabilities: KEN's short term assets (£191.8K) exceed its long term liabilities (£100.0K).
Debt to Equity History and Analysis
Debt Level: KEN has more cash than its total debt.
Reducing Debt: KEN's debt to equity ratio has increased from 0% to 2.3% 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: KEN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: KEN has less than a year of cash runway if free cash flow continues to grow at historical rates of 6.6% each year.