Bidstack Group Balance Sheet Health
Financial Health criteria checks 4/6
Bidstack Group has a total shareholder equity of £5.3M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £13.0M and £7.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£2.08m |
Equity | UK£5.33m |
Total liabilities | UK£7.69m |
Total assets | UK£13.02m |
Recent financial health updates
Is Bidstack Group (LON:BIDS) In A Good Position To Invest In Growth?
Mar 04We Think Bidstack Group (LON:BIDS) Needs To Drive Business Growth Carefully
Sep 01We're Not Very Worried About Bidstack Group's (LON:BIDS) Cash Burn Rate
Apr 29Is Bidstack Group (LON:BIDS) In A Good Position To Invest In Growth?
Feb 01Recent updates
Is Bidstack Group (LON:BIDS) In A Good Position To Invest In Growth?
Mar 04We Think Bidstack Group (LON:BIDS) Needs To Drive Business Growth Carefully
Sep 01We're Not Very Worried About Bidstack Group's (LON:BIDS) Cash Burn Rate
Apr 29Is Bidstack Group (LON:BIDS) In A Good Position To Invest In Growth?
Feb 01Financial Position Analysis
Short Term Liabilities: BIDS's short term assets (£12.1M) exceed its short term liabilities (£7.7M).
Long Term Liabilities: BIDS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BIDS is debt free.
Reducing Debt: BIDS has not had any debt for 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: BIDS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIDS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 26.3% each year