Filtronic Balance Sheet Health
Financial Health criteria checks 6/6
Filtronic has a total shareholder equity of £11.0M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £18.7M and £7.7M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.06m |
| Equity | UK£11.00m |
| Total liabilities | UK£7.73m |
| Total assets | UK£18.73m |
Recent financial health updates
No updates
Recent updates
At UK£0.13, Is It Time To Put Filtronic plc (LON:FTC) On Your Watch List?
May 23
Here's Why Filtronic (LON:FTC) Has Caught The Eye Of Investors
Mar 15What Is Filtronic plc's (LON:FTC) Share Price Doing?
Dec 08When Should You Buy Filtronic plc (LON:FTC)?
Jul 26Is There Now An Opportunity In Filtronic plc (LON:FTC)?
Mar 31Financial Position Analysis
Short Term Liabilities: FTC's short term assets (£11.2M) exceed its short term liabilities (£5.1M).
Long Term Liabilities: FTC's short term assets (£11.2M) exceed its long term liabilities (£2.6M).
Debt to Equity History and Analysis
Debt Level: FTC is debt free.
Reducing Debt: FTC has no debt compared to 5 years ago when its debt to equity ratio was 3.7%.
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: Whilst unprofitable FTC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: FTC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 16.8% per year.