EQTEC Balance Sheet Health
Financial Health criteria checks 5/6
EQTEC has a total shareholder equity of €19.3M and total debt of €6.8M, which brings its debt-to-equity ratio to 35%. Its total assets and total liabilities are €29.9M and €10.6M respectively.
Key information
35.0%
Debt to equity ratio
€6.75m
Debt
| Interest coverage ratio | n/a |
| Cash | €646.29k |
| Equity | €19.27m |
| Total liabilities | €10.60m |
| Total assets | €29.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: KEU1's short term assets (€10.4M) exceed its short term liabilities (€3.8M).
Long Term Liabilities: KEU1's short term assets (€10.4M) exceed its long term liabilities (€6.8M).
Debt to Equity History and Analysis
Debt Level: KEU1's net debt to equity ratio (31.7%) is considered satisfactory.
Reducing Debt: KEU1's debt to equity ratio has increased from 16.4% to 35% 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: KEU1 has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: KEU1 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.