11880 Solutions Balance Sheet Health
Financial Health criteria checks 4/6
11880 Solutions has a total shareholder equity of €3.2M and total debt of €2.0M, which brings its debt-to-equity ratio to 61.9%. Its total assets and total liabilities are €19.1M and €15.9M respectively. 11880 Solutions's EBIT is €388.0K making its interest coverage ratio 1.4. It has cash and short-term investments of €2.1M.
Key information
61.9%
Debt to equity ratio
€2.00m
Debt
| Interest coverage ratio | 1.4x |
| Cash | €2.11m |
| Equity | €3.23m |
| Total liabilities | €15.92m |
| Total assets | €19.15m |
Recent financial health updates
Is 11880 Solutions (ETR:TGT) A Risky Investment?
Feb 03
Would 11880 Solutions (ETR:TGT) Be Better Off With Less Debt?
Aug 17Recent updates
What 11880 Solutions AG's (ETR:TGT) 26% Share Price Gain Is Not Telling You
Jun 2211880 Solutions AG's (ETR:TGT) 41% Share Price Surge Not Quite Adding Up
May 04Is 11880 Solutions (ETR:TGT) A Risky Investment?
Feb 03Would 11880 Solutions (ETR:TGT) Be Better Off With Less Debt?
Aug 1711880 Solutions' (ETR:TGT) Performance Is Even Better Than Its Earnings Suggest
Apr 08Financial Position Analysis
Short Term Liabilities: TGT's short term assets (€8.0M) do not cover its short term liabilities (€12.6M).
Long Term Liabilities: TGT's short term assets (€8.0M) exceed its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: TGT has more cash than its total debt.
Reducing Debt: TGT's debt to equity ratio has increased from 0.8% to 61.9% 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: Whilst unprofitable TGT has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TGT is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 56.4% per year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 13:38 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
11880 Solutions AG is covered by 6 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Thomas Wissler | Hauck Aufhäuser Investment Banking |
| Joeri Sels | Natixis Bleichroeder Inc. |
| Brigitte Thomalla | ODDO BHF Corporate & Markets |