Philoktimatiki Balance Sheet Health
Financial Health criteria checks 1/6
Philoktimatiki has a total shareholder equity of €7.8M and total debt of €3.6M, which brings its debt-to-equity ratio to 46.6%. Its total assets and total liabilities are €12.8M and €5.0M respectively.
Key information
46.6%
Debt to equity ratio
€3.64m
Debt
Interest coverage ratio | n/a |
Cash | €2.51k |
Equity | €7.80m |
Total liabilities | €4.96m |
Total assets | €12.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PES's short term assets (€1.6M) do not cover its short term liabilities (€4.5M).
Long Term Liabilities: PES's short term assets (€1.6M) exceed its long term liabilities (€500.0K).
Debt to Equity History and Analysis
Debt Level: PES's net debt to equity ratio (46.6%) is considered high.
Reducing Debt: PES's debt to equity ratio has increased from 24.9% to 46.6% 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: PES has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PES has less than a year of cash runway if free cash flow continues to reduce at historical rates of 31% each year