123fahrschule Balance Sheet Health
Financial Health criteria checks 4/6
123fahrschule has a total shareholder equity of €15.1M and total debt of €2.1M, which brings its debt-to-equity ratio to 13.8%. Its total assets and total liabilities are €24.6M and €9.5M respectively.
Key information
13.8%
Debt to equity ratio
€2.08m
Debt
| Interest coverage ratio | n/a |
| Cash | €276.49k |
| Equity | €15.06m |
| Total liabilities | €9.51m |
| Total assets | €24.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 123F's short term assets (€5.6M) exceed its short term liabilities (€5.5M).
Long Term Liabilities: 123F's short term assets (€5.6M) exceed its long term liabilities (€4.0M).
Debt to Equity History and Analysis
Debt Level: 123F's net debt to equity ratio (12%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 123F'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: 123F has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if 123F has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.