Pryme Balance Sheet Health
Financial Health criteria checks 2/6
Pryme has a total shareholder equity of €31.7M and total debt of €7.3M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are €60.2M and €28.5M respectively.
Key information
22.9%
Debt to equity ratio
€7.28m
Debt
Interest coverage ratio | n/a |
Cash | €10.43m |
Equity | €31.75m |
Total liabilities | €28.47m |
Total assets | €60.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8XG's short term assets (€13.2M) do not cover its short term liabilities (€15.2M).
Long Term Liabilities: 8XG's short term assets (€13.2M) do not cover its long term liabilities (€13.3M).
Debt to Equity History and Analysis
Debt Level: 8XG has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 8XG'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: 8XG has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 8XG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.8% each year