Futura Medical Balance Sheet Health
Financial Health criteria checks 5/6
Futura Medical has a total shareholder equity of £5.5M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £11.8M and £6.3M respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | n/a |
Cash | UK£7.71m |
Equity | UK£5.48m |
Total liabilities | UK£6.34m |
Total assets | UK£11.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FAMD.F's short term assets (£9.3M) exceed its short term liabilities (£6.3M).
Long Term Liabilities: FAMD.F has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: FAMD.F is debt free.
Reducing Debt: FAMD.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: FAMD.F has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if FAMD.F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.