Time Out Group Balance Sheet Health
Financial Health criteria checks 1/6
Time Out Group has a total shareholder equity of £28.8M and total debt of £38.9M, which brings its debt-to-equity ratio to 135%. Its total assets and total liabilities are £117.6M and £88.8M respectively.
Key information
135.0%
Debt to equity ratio
UK£38.88m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£5.90m |
| Equity | UK£28.80m |
| Total liabilities | UK£88.82m |
| Total assets | UK£117.62m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: TMO's short term assets (£26.0M) do not cover its short term liabilities (£37.0M).
Long Term Liabilities: TMO's short term assets (£26.0M) do not cover its long term liabilities (£51.8M).
Debt to Equity History and Analysis
Debt Level: TMO's net debt to equity ratio (114.5%) is considered high.
Reducing Debt: TMO's debt to equity ratio has increased from 60.1% to 135% 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: TMO has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TMO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.