Futura Medical Balance Sheet Health
Financial Health criteria checks 4/6
Futura Medical has a total shareholder equity of £7.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £9.5M and £1.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.92m |
| Equity | UK£7.81m |
| Total liabilities | UK£1.66m |
| Total assets | UK£9.47m |
Recent financial health updates
We Think Futura Medical (LON:FUM) Can Easily Afford To Drive Business Growth
Apr 17
Here's Why We're Not At All Concerned With Futura Medical's (LON:FUM) Cash Burn Situation
Jan 05Is Futura Medical (LON:FUM) In A Good Position To Invest In Growth?
Jul 28We Think Futura Medical (LON:FUM) Needs To Drive Business Growth Carefully
Mar 18We're Keeping An Eye On Futura Medical's (LON:FUM) Cash Burn Rate
Sep 25Here's Why We're Not Too Worried About Futura Medical's (LON:FUM) Cash Burn Situation
May 10Recent updates
Need To Know: Analysts Are Much More Bullish On Futura Medical plc (LON:FUM)
Sep 13We Think Futura Medical (LON:FUM) Can Easily Afford To Drive Business Growth
Apr 17Here's Why We're Not At All Concerned With Futura Medical's (LON:FUM) Cash Burn Situation
Jan 05Is Futura Medical (LON:FUM) In A Good Position To Invest In Growth?
Jul 28We Think Futura Medical (LON:FUM) Needs To Drive Business Growth Carefully
Mar 18We're Keeping An Eye On Futura Medical's (LON:FUM) Cash Burn Rate
Sep 25Here's Why We're Not Too Worried About Futura Medical's (LON:FUM) Cash Burn Situation
May 10We're Interested To See How Futura Medical (LON:FUM) Uses Its Cash Hoard To Grow
Jan 10What We Learned About Futura Medical's (LON:FUM) CEO Compensation
Dec 21
Financial Position Analysis
Short Term Liabilities: FUM's short term assets (£6.2M) exceed its short term liabilities (£1.7M).
Long Term Liabilities: FUM has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FUM is debt free.
Reducing Debt: FUM 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: FUM has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FUM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.