Tap Global Group Balance Sheet Health
Financial Health criteria checks 4/6
Tap Global Group has a total shareholder equity of £24.7M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £26.0M and £1.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£1.89m |
| Equity | UK£24.69m |
| Total liabilities | UK£1.33m |
| Total assets | UK£26.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TAP's short term assets (£2.1M) exceed its short term liabilities (£1.3M).
Long Term Liabilities: TAP's short term assets (£2.1M) exceed its long term liabilities (£42.5K).
Debt to Equity History and Analysis
Debt Level: TAP is debt free.
Reducing Debt: TAP had no debt 5 years ago.
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 TAP has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TAP has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.