RocTool Balance Sheet Health
Financial Health criteria checks 3/6
RocTool has a total shareholder equity of €3.0M and total debt of €1.6M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are €7.4M and €4.4M respectively.
Key information
54.3%
Debt to equity ratio
€1.64m
Debt
| Interest coverage ratio | n/a |
| Cash | €959.61k |
| Equity | €3.02m |
| Total liabilities | €4.36m |
| Total assets | €7.38m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4CP's short term assets (€5.3M) exceed its short term liabilities (€2.8M).
Long Term Liabilities: 4CP's short term assets (€5.3M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: 4CP's net debt to equity ratio (22.6%) is considered satisfactory.
Reducing Debt: 4CP's debt to equity ratio has increased from 37.5% to 54.3% 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: 4CP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 4CP has less than a year of cash runway if free cash flow continues to grow at historical rates of 31.5% each year.