Catenon Balance Sheet Health

Financial Health criteria checks 5/6

Catenon has a total shareholder equity of €2.7M and total debt of €1.4M, which brings its debt-to-equity ratio to 54%. Its total assets and total liabilities are €5.7M and €3.0M respectively. Catenon's EBIT is €20.1K making its interest coverage ratio 0.3. It has cash and short-term investments of €324.5K.

Key information

54.0%

Debt to equity ratio

€1.45m

Debt

Interest coverage ratio0.3x
Cash€324.46k
Equity€2.68m
Total liabilities€3.02m
Total assets€5.70m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 8Y9's short term assets (€4.1M) exceed its short term liabilities (€2.5M).

Long Term Liabilities: 8Y9's short term assets (€4.1M) exceed its long term liabilities (€522.5K).


Debt to Equity History and Analysis

Debt Level: 8Y9's net debt to equity ratio (41.9%) is considered high.

Reducing Debt: 8Y9's debt to equity ratio has reduced from 89.7% to 54% 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 8Y9 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 8Y9 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 2.8% per year.


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