Ilika Balance Sheet Health
Financial Health criteria checks 6/6
Ilika has a total shareholder equity of £22.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £24.4M and £1.9M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£13.24m |
Equity | UK£22.48m |
Total liabilities | UK£1.94m |
Total assets | UK£24.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILIK.F's short term assets (£16.8M) exceed its short term liabilities (£1.4M).
Long Term Liabilities: ILIK.F's short term assets (£16.8M) exceed its long term liabilities (£567.1K).
Debt to Equity History and Analysis
Debt Level: ILIK.F is debt free.
Reducing Debt: ILIK.F has not had any debt for 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: ILIK.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ILIK.F has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 22% each year