Deltex Medical Group Balance Sheet Health
Financial Health criteria checks 3/6
Deltex Medical Group has a total shareholder equity of £3.1M and total debt of £1.7M, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are £5.9M and £2.8M respectively.
Key information
55.5%
Debt to equity ratio
UK£1.74m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£705.00k |
| Equity | UK£3.14m |
| Total liabilities | UK£2.79m |
| Total assets | UK£5.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DTXM.F's short term assets (£1.8M) exceed its short term liabilities (£934.0K).
Long Term Liabilities: DTXM.F's short term assets (£1.8M) do not cover its long term liabilities (£1.9M).
Debt to Equity History and Analysis
Debt Level: DTXM.F's net debt to equity ratio (33.1%) is considered satisfactory.
Reducing Debt: DTXM.F's debt to equity ratio has reduced from 66.6% to 55.5% over the 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: DTXM.F has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: DTXM.F has less than a year of cash runway if free cash flow continues to reduce at historical rates of 5.3% each year