Likewise Group Balance Sheet Health
Financial Health criteria checks 3/6
Likewise Group has a total shareholder equity of £38.9M and total debt of £6.6M, which brings its debt-to-equity ratio to 17.1%. Its total assets and total liabilities are £101.1M and £62.2M respectively. Likewise Group's EBIT is £1.5M making its interest coverage ratio 1.3. It has cash and short-term investments of £4.5M.
Key information
17.1%
Debt to equity ratio
UK£6.64m
Debt
Interest coverage ratio | 1.3x |
Cash | UK£4.52m |
Equity | UK£38.88m |
Total liabilities | UK£62.23m |
Total assets | UK£101.11m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LIKE's short term assets (£43.2M) exceed its short term liabilities (£40.9M).
Long Term Liabilities: LIKE's short term assets (£43.2M) exceed its long term liabilities (£21.3M).
Debt to Equity History and Analysis
Debt Level: LIKE's net debt to equity ratio (5.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if LIKE's debt to equity ratio has reduced 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: Insufficient data to determine if LIKE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LIKE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.