Made Tech Group Balance Sheet Health
Financial Health criteria checks 4/6
Made Tech Group has a total shareholder equity of £14.7M and total debt of £47.0K, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are £20.0M and £5.3M respectively. Made Tech Group's EBIT is £359.0K making its interest coverage ratio -2.7. It has cash and short-term investments of £7.9M.
Key information
0.3%
Debt to equity ratio
UK£47.00k
Debt
| Interest coverage ratio | -2.7x |
| Cash | UK£7.88m |
| Equity | UK£14.72m |
| Total liabilities | UK£5.27m |
| Total assets | UK£19.98m |
Recent financial health updates
Companies Like Made Tech Group (LON:MTEC) Can Afford To Invest In Growth
Feb 02
Made Tech Group (LON:MTEC) Is In A Strong Position To Grow Its Business
Sep 15Recent updates
Be Wary Of Made Tech Group (LON:MTEC) And Its Returns On Capital
Apr 24Made Tech Group Plc's (LON:MTEC) Prospects Need A Boost To Lift Shares
Oct 20Companies Like Made Tech Group (LON:MTEC) Can Afford To Invest In Growth
Feb 02Made Tech Group (LON:MTEC) Is In A Strong Position To Grow Its Business
Sep 15Financial Position Analysis
Short Term Liabilities: MTEC's short term assets (£15.2M) exceed its short term liabilities (£5.2M).
Long Term Liabilities: MTEC's short term assets (£15.2M) exceed its long term liabilities (£92.0K).
Debt to Equity History and Analysis
Debt Level: MTEC has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MTEC's debt to equity ratio has reduced 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: MTEC has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MTEC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.