ANGLE Balance Sheet Health
Financial Health criteria checks 6/6
ANGLE has a total shareholder equity of £22.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £31.2M and £8.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£16.22m |
| Equity | UK£22.94m |
| Total liabilities | UK£8.24m |
| Total assets | UK£31.18m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ANPC.F's short term assets (£21.2M) exceed its short term liabilities (£3.9M).
Long Term Liabilities: ANPC.F's short term assets (£21.2M) exceed its long term liabilities (£4.3M).
Debt to Equity History and Analysis
Debt Level: ANPC.F is debt free.
Reducing Debt: ANPC.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: ANPC.F has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ANPC.F is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.