Sportech Balance Sheet Health
Financial Health criteria checks 6/6
Sportech has a total shareholder equity of £13.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £24.9M and £11.7M respectively. Sportech's EBIT is £128.0K making its interest coverage ratio 1.4. It has cash and short-term investments of £8.2M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£8.24m |
| Equity | UK£13.18m |
| Total liabilities | UK£11.73m |
| Total assets | UK£24.90m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPOZ.F's short term assets (£10.1M) exceed its short term liabilities (£6.1M).
Long Term Liabilities: SPOZ.F's short term assets (£10.1M) exceed its long term liabilities (£5.6M).
Debt to Equity History and Analysis
Debt Level: SPOZ.F is debt free.
Reducing Debt: SPOZ.F 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: Whilst unprofitable SPOZ.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SPOZ.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 42.3% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/10/18 13:47 |
| End of Day Share Price | 2023/09/27 00:00 |
| Earnings | 2023/06/30 |
| Annual Earnings | 2022/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sportech PLC is covered by 7 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| James Christopher Wheatcroft | Evolution Securities |
| Camillo Schmidt-Chiari | G. Research, LLC |
| Michael Foster | Hardman & Co. |