Dev Clever Holdings Balance Sheet Health
Financial Health criteria checks 4/6
Dev Clever Holdings has a total shareholder equity of £17.6M and total debt of £704.8K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are £25.8M and £8.2M respectively.
Key information
4.0%
Debt to equity ratio
UK£704.83k
Debt
Interest coverage ratio | n/a |
Cash | UK£120.18k |
Equity | UK£17.59m |
Total liabilities | UK£8.17m |
Total assets | UK£25.76m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: DEV's short term assets (£9.8M) exceed its short term liabilities (£7.5M).
Long Term Liabilities: DEV's short term assets (£9.8M) exceed its long term liabilities (£635.8K).
Debt to Equity History and Analysis
Debt Level: DEV's net debt to equity ratio (3.3%) is considered satisfactory.
Reducing Debt: DEV's debt to equity ratio has reduced from 9.3% to 4% 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: Insufficient data to determine if DEV has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if DEV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.