Nyxoah Balance Sheet Health
Financial Health criteria checks 5/6
Nyxoah has a total shareholder equity of €98.0M and total debt of €8.7M, which brings its debt-to-equity ratio to 8.9%. Its total assets and total liabilities are €124.2M and €26.1M respectively.
Key information
8.9%
Debt to equity ratio
€8.74m
Debt
Interest coverage ratio | n/a |
Cash | €57.75m |
Equity | €98.02m |
Total liabilities | €26.14m |
Total assets | €124.16m |
Financial Position Analysis
Short Term Liabilities: NYXH's short term assets (€68.4M) exceed its short term liabilities (€14.4M).
Long Term Liabilities: NYXH's short term assets (€68.4M) exceed its long term liabilities (€11.7M).
Debt to Equity History and Analysis
Debt Level: NYXH has more cash than its total debt.
Reducing Debt: NYXH's debt to equity ratio has reduced from 55.6% to 8.9% 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: NYXH has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NYXH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 32.7% each year