Kromek Group Balance Sheet Health
Financial Health criteria checks 4/6
Kromek Group has a total shareholder equity of £47.3M and total debt of £8.9M, which brings its debt-to-equity ratio to 18.8%. Its total assets and total liabilities are £68.7M and £21.4M respectively.
Key information
18.8%
Debt to equity ratio
UK£8.90m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.72m |
| Equity | UK£47.31m |
| Total liabilities | UK£21.43m |
| Total assets | UK£68.75m |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Kromek Group plc's (LON:KMK) 36% Share Price Climb
Apr 20
Kromek Group plc (LON:KMK) Soars 46% But It's A Story Of Risk Vs Reward
Feb 13Kromek Group plc's (LON:KMK) Price In Tune With Revenues
Dec 28Kromek Group plc's (LON:KMK) Revenues Are Not Doing Enough For Some Investors
Apr 19Kromek Group (LON:KMK) Is Carrying A Fair Bit Of Debt
Aug 04Here's Why Shareholders Should Examine Kromek Group plc's (LON:KMK) CEO Compensation Package More Closely
Sep 02Kromek Group's (LON:KMK) Shareholders Are Down 44% On Their Shares
Jan 14
Financial Position Analysis
Short Term Liabilities: KMK's short term assets (£22.0M) exceed its short term liabilities (£10.7M).
Long Term Liabilities: KMK's short term assets (£22.0M) exceed its long term liabilities (£10.8M).
Debt to Equity History and Analysis
Debt Level: KMK's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: KMK's debt to equity ratio has increased from 13.6% to 18.8% 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: KMK has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: KMK has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.