ADS-TEC Energy Balance Sheet Health
Financial Health criteria checks 3/6
ADS-TEC Energy has a total shareholder equity of €33.9M and total debt of €13.9M, which brings its debt-to-equity ratio to 41%. Its total assets and total liabilities are €124.4M and €90.5M respectively.
Key information
41.0%
Debt to equity ratio
€13.91m
Debt
Interest coverage ratio | n/a |
Cash | €29.16m |
Equity | €33.92m |
Total liabilities | €90.49m |
Total assets | €124.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: X3C's short term assets (€89.5M) exceed its short term liabilities (€60.3M).
Long Term Liabilities: X3C's short term assets (€89.5M) exceed its long term liabilities (€30.1M).
Debt to Equity History and Analysis
Debt Level: X3C has more cash than its total debt.
Reducing Debt: Insufficient data to determine if X3C's debt to equity ratio has reduced 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: X3C has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: X3C has less than a year of cash runway if free cash flow continues to reduce at historical rates of 25.9% each year