HanseYachts Balance Sheet Health
Financial Health criteria checks 0/6
HanseYachts has a total shareholder equity of €-7.8M and total debt of €44.5M, which brings its debt-to-equity ratio to -571.3%. Its total assets and total liabilities are €107.9M and €115.7M respectively. HanseYachts's EBIT is €324.1K making its interest coverage ratio 0.1. It has cash and short-term investments of €2.4M.
Key information
-571.3%
Debt to equity ratio
€44.52m
Debt
| Interest coverage ratio | 0.1x |
| Cash | €2.38m |
| Equity | -€7.79m |
| Total liabilities | €115.73m |
| Total assets | €107.93m |
Recent financial health updates
Is HanseYachts (ETR:H9Y) Weighed On By Its Debt Load?
Mar 24
Is HanseYachts (ETR:H9Y) Using Debt Sensibly?
Jun 12Is HanseYachts (ETR:H9Y) Using Debt Sensibly?
Feb 25Recent updates
Benign Growth For HanseYachts AG (ETR:H9Y) Underpins Stock's 30% Plummet
Jul 14The Market Doesn't Like What It Sees From HanseYachts AG's (ETR:H9Y) Earnings Yet As Shares Tumble 30%
Jul 14Is HanseYachts (ETR:H9Y) Weighed On By Its Debt Load?
Mar 24Is HanseYachts (ETR:H9Y) Using Debt Sensibly?
Jun 12Is HanseYachts (ETR:H9Y) Using Debt Sensibly?
Feb 25Would Shareholders Who Purchased HanseYachts' (ETR:H9Y) Stock Three Years Be Happy With The Share price Today?
Dec 11
Financial Position Analysis
Short Term Liabilities: H9Y has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: H9Y has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: H9Y has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: H9Y's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: H9Y has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: H9Y has less than a year of cash runway if free cash flow continues to reduce at historical rates of 39.9% each year