Acroud Balance Sheet Health
Financial Health criteria checks 4/6
Acroud has a total shareholder equity of €16.8M and total debt of €17.0M, which brings its debt-to-equity ratio to 100.9%. Its total assets and total liabilities are €43.7M and €26.9M respectively. Acroud's EBIT is €673.0K making its interest coverage ratio 0.3. It has cash and short-term investments of €905.0K.
Key information
100.9%
Debt to equity ratio
€16.96m
Debt
| Interest coverage ratio | 0.3x |
| Cash | €905.00k |
| Equity | €16.81m |
| Total liabilities | €26.94m |
| Total assets | €43.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7NG's short term assets (€7.2M) do not cover its short term liabilities (€24.2M).
Long Term Liabilities: 7NG's short term assets (€7.2M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: 7NG's net debt to equity ratio (95.5%) is considered high.
Reducing Debt: 7NG's debt to equity ratio has reduced from 136.4% to 100.9% 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 7NG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7NG is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.2% per year.