SmartSpace Software Balance Sheet Health
Financial Health criteria checks 3/6
SmartSpace Software has a total shareholder equity of £10.4M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £14.6M and £4.1M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£2.21m |
| Equity | UK£10.44m |
| Total liabilities | UK£4.14m |
| Total assets | UK£14.58m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SMRT's short term assets (£2.7M) do not cover its short term liabilities (£3.9M).
Long Term Liabilities: SMRT's short term assets (£2.7M) exceed its long term liabilities (£233.0K).
Debt to Equity History and Analysis
Debt Level: SMRT is debt free.
Reducing Debt: SMRT has no debt compared to 5 years ago when its debt to equity ratio was 2%.
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: Insufficient data to determine if SMRT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SMRT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.