Damartex Balance Sheet Health
Financial Health criteria checks 3/6
Damartex has a total shareholder equity of €89.9M and total debt of €137.8M, which brings its debt-to-equity ratio to 153.2%. Its total assets and total liabilities are €454.8M and €364.8M respectively.
Key information
153.2%
Debt to equity ratio
€137.82m
Debt
| Interest coverage ratio | n/a |
| Cash | €38.05m |
| Equity | €89.94m |
| Total liabilities | €364.82m |
| Total assets | €454.76m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6C3's short term assets (€188.9M) do not cover its short term liabilities (€265.6M).
Long Term Liabilities: 6C3's short term assets (€188.9M) exceed its long term liabilities (€99.2M).
Debt to Equity History and Analysis
Debt Level: 6C3's net debt to equity ratio (110.9%) is considered high.
Reducing Debt: 6C3's debt to equity ratio has increased from 35.1% to 153.2% 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 6C3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6C3 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.9% per year.