Itsarm Balance Sheet Health
Financial Health criteria checks 4/6
Itsarm has a total shareholder equity of £7.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £26.3M and £18.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.85m |
| Equity | UK£7.68m |
| Total liabilities | UK£18.59m |
| Total assets | UK£26.27m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ITS's short term assets (£15.8M) exceed its short term liabilities (£12.6M).
Long Term Liabilities: ITS's short term assets (£15.8M) exceed its long term liabilities (£5.9M).
Debt to Equity History and Analysis
Debt Level: ITS is debt free.
Reducing Debt: ITS had no debt 5 years ago.
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: Insufficient data to determine if ITS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ITS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.