THG Balance Sheet Health
Financial Health criteria checks 4/6
THG has a total shareholder equity of £913.2M and total debt of £686.2M, which brings its debt-to-equity ratio to 75.1%. Its total assets and total liabilities are £2.6B and £1.7B respectively.
Key information
75.1%
Debt to equity ratio
UK£686.19m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£287.71m |
| Equity | UK£913.19m |
| Total liabilities | UK£1.67b |
| Total assets | UK£2.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THGL's short term assets (£836.8M) exceed its short term liabilities (£670.9M).
Long Term Liabilities: THGL's short term assets (£836.8M) do not cover its long term liabilities (£997.9M).
Debt to Equity History and Analysis
Debt Level: THGL's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: THGL's debt to equity ratio has reduced from 150% to 75.1% 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: Whilst unprofitable THGL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: THGL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 24.4% per year.