Itim Group Balance Sheet Health
Financial Health criteria checks 6/6
Itim Group has a total shareholder equity of £11.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £19.5M and £8.1M respectively. Itim Group's EBIT is £133.0K making its interest coverage ratio 1.8. It has cash and short-term investments of £3.0M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 1.8x |
| Cash | UK£2.98m |
| Equity | UK£11.39m |
| Total liabilities | UK£8.07m |
| Total assets | UK£19.46m |
Recent financial health updates
No updates
Recent updates
Here's What's Concerning About Itim Group's (LON:ITIM) Returns On Capital
Sep 25
Itim Group Plc's (LON:ITIM) Shares Not Telling The Full Story
Jun 17Itim Group (LON:ITIM) Will Be Hoping To Turn Its Returns On Capital Around
Feb 11Itim Group (LON:ITIM) Might Have The Makings Of A Multi-Bagger
Sep 22Itim Group's (LON:ITIM) Robust Earnings Are Supported By Other Strong Factors
Oct 01Financial Position Analysis
Short Term Liabilities: ITIM's short term assets (£7.0M) exceed its short term liabilities (£6.5M).
Long Term Liabilities: ITIM's short term assets (£7.0M) exceed its long term liabilities (£1.6M).
Debt to Equity History and Analysis
Debt Level: ITIM is debt free.
Reducing Debt: ITIM has no debt compared to 5 years ago when its debt to equity ratio was 75.8%.
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 ITIM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ITIM is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 41.4% per year.