Chris Joannou Balance Sheet Health
Financial Health criteria checks 1/6
Chris Joannou has a total shareholder equity of €3.0M and total debt of €3.5M, which brings its debt-to-equity ratio to 116.6%. Its total assets and total liabilities are €8.4M and €5.4M respectively. Chris Joannou's EBIT is €120.2K making its interest coverage ratio 1.2. It has cash and short-term investments of €14.0K.
Key information
116.6%
Debt to equity ratio
€3.51m
Debt
Interest coverage ratio | 1.2x |
Cash | €13.96k |
Equity | €3.01m |
Total liabilities | €5.42m |
Total assets | €8.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CJ's short term assets (€1.9M) do not cover its short term liabilities (€3.3M).
Long Term Liabilities: CJ's short term assets (€1.9M) do not cover its long term liabilities (€2.1M).
Debt to Equity History and Analysis
Debt Level: CJ's net debt to equity ratio (116.1%) is considered high.
Reducing Debt: CJ's debt to equity ratio has reduced from 174% to 116.6% 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: Insufficient data to determine if CJ has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CJ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.