essensys Balance Sheet Health
Financial Health criteria checks 5/6
essensys has a total shareholder equity of £17.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £23.5M and £5.6M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£3.46m |
| Equity | UK£17.89m |
| Total liabilities | UK£5.58m |
| Total assets | UK£23.47m |
Recent financial health updates
Here's Why We're Watching essensys' (LON:ESYS) Cash Burn Situation
Nov 15
Here's Why essensys (LON:ESYS) Must Use Its Cash Wisely
Aug 14Is essensys (LON:ESYS) In A Good Position To Deliver On Growth Plans?
Feb 17Here's Why We're Not At All Concerned With essensys' (LON:ESYS) Cash Burn Situation
Mar 01We Think essensys (LON:ESYS) Can Easily Afford To Drive Business Growth
Oct 26Recent updates
Calculating The Fair Value Of essensys plc (LON:ESYS)
Jun 28essensys plc's (LON:ESYS) 33% Dip In Price Shows Sentiment Is Matching Revenues
May 01Improved Revenues Required Before essensys plc (LON:ESYS) Shares Find Their Feet
Feb 07Here's Why We're Watching essensys' (LON:ESYS) Cash Burn Situation
Nov 15Here's Why essensys (LON:ESYS) Must Use Its Cash Wisely
Aug 14essensys plc (LON:ESYS) Might Not Be As Mispriced As It Looks
Jun 14Is essensys (LON:ESYS) In A Good Position To Deliver On Growth Plans?
Feb 17Here's Why We're Not At All Concerned With essensys' (LON:ESYS) Cash Burn Situation
Mar 01We Think essensys (LON:ESYS) Can Easily Afford To Drive Business Growth
Oct 26essensys (LON:ESYS) Is Reinvesting At Lower Rates Of Return
Mar 23Can Mixed Fundamentals Have A Negative Impact on essensys plc (LON:ESYS) Current Share Price Momentum?
Feb 15What Type Of Returns Would essensys'(LON:ESYS) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Jan 11
We're Watching These Trends At essensys (LON:ESYS)
Dec 07Financial Position Analysis
Short Term Liabilities: ESYS's short term assets (£11.3M) exceed its short term liabilities (£5.6M).
Long Term Liabilities: ESYS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ESYS is debt free.
Reducing Debt: ESYS has no debt compared to 5 years ago when its debt to equity ratio was 303.4%.
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: ESYS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ESYS has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 62.2% each year