K3 Business Technology Group Balance Sheet Health
Financial Health criteria checks 5/6
K3 Business Technology Group has a total shareholder equity of £24.3M and total debt of £1.3M, which brings its debt-to-equity ratio to 5.2%. Its total assets and total liabilities are £38.7M and £14.4M respectively. K3 Business Technology Group's EBIT is £3.5M making its interest coverage ratio 14.8. It has cash and short-term investments of £3.2M.
Key information
5.2%
Debt to equity ratio
UK£1.26m
Debt
| Interest coverage ratio | 14.8x |
| Cash | UK£3.23m |
| Equity | UK£24.28m |
| Total liabilities | UK£14.39m |
| Total assets | UK£38.67m |
Recent financial health updates
Does K3 Business Technology Group (LON:KBT) Have A Healthy Balance Sheet?
Nov 29
Here's Why K3 Business Technology Group (LON:KBT) Can Afford Some Debt
May 26Recent updates
Improved Revenues Required Before K3 Business Technology Group plc (LON:KBT) Stock's 29% Jump Looks Justified
Dec 04K3 Business Technology Group plc (LON:KBT) Not Doing Enough For Some Investors As Its Shares Slump 29%
Aug 10Does K3 Business Technology Group (LON:KBT) Have A Healthy Balance Sheet?
Nov 29Here's Why K3 Business Technology Group (LON:KBT) Can Afford Some Debt
May 26What Type Of Returns Would K3 Business Technology Group's(LON:KBT) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Feb 26Financial Position Analysis
Short Term Liabilities: KBT's short term assets (£10.3M) do not cover its short term liabilities (£14.0M).
Long Term Liabilities: KBT's short term assets (£10.3M) exceed its long term liabilities (£411.0K).
Debt to Equity History and Analysis
Debt Level: KBT has more cash than its total debt.
Reducing Debt: KBT's debt to equity ratio has reduced from 16.1% to 5.2% 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: KBT has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: KBT has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 15.4% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 03:58 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2023/11/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
K3 Business Technology Group plc is covered by 4 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Gareth Evans | Canaccord Genuity |
| Andrew Murray Darley | Cavendish |
| David Michael Jeremy | Daniel Stewart & Company |