THG Balance Sheet Health
Financial Health criteria checks 5/6
THG has a total shareholder equity of £1.2B and total debt of £687.9M, which brings its debt-to-equity ratio to 59.4%. Its total assets and total liabilities are £2.8B and £1.7B respectively.
Key information
59.4%
Debt to equity ratio
UK£687.86m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£392.55m |
| Equity | UK£1.16b |
| Total liabilities | UK£1.66b |
| Total assets | UK£2.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: THGH.Y's short term assets (£995.2M) exceed its short term liabilities (£663.8M).
Long Term Liabilities: THGH.Y's short term assets (£995.2M) do not cover its long term liabilities (£997.5M).
Debt to Equity History and Analysis
Debt Level: THGH.Y's net debt to equity ratio (25.5%) is considered satisfactory.
Reducing Debt: THGH.Y's debt to equity ratio has reduced from 132.1% to 59.4% 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: Whilst unprofitable THGH.Y has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: THGH.Y is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 9.2% per year.