TC Biopharm (Holdings) Balance Sheet Health
Financial Health criteria checks 5/6
TC Biopharm (Holdings) has a total shareholder equity of £1.1M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £7.3M and £6.2M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£980.96k |
| Equity | UK£1.08m |
| Total liabilities | UK£6.18m |
| Total assets | UK£7.26m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TCBP's short term assets (£4.2M) do not cover its short term liabilities (£4.8M).
Long Term Liabilities: TCBP's short term assets (£4.2M) exceed its long term liabilities (£1.4M).
Debt to Equity History and Analysis
Debt Level: TCBP is debt free.
Reducing Debt: TCBP 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: TCBP has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: TCBP is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.