Acroud Balance Sheet Health
Financial Health criteria checks 4/6
Acroud has a total shareholder equity of €17.4M and total debt of €17.7M, which brings its debt-to-equity ratio to 101.6%. Its total assets and total liabilities are €50.0M and €32.6M respectively. Acroud's EBIT is €1.7M making its interest coverage ratio 0.5. It has cash and short-term investments of €3.2M.
Key information
101.6%
Debt to equity ratio
€17.66m
Debt
Interest coverage ratio | 0.5x |
Cash | €3.15m |
Equity | €17.38m |
Total liabilities | €32.63m |
Total assets | €50.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7NG's short term assets (€10.8M) exceed its short term liabilities (€9.2M).
Long Term Liabilities: 7NG's short term assets (€10.8M) do not cover its long term liabilities (€23.4M).
Debt to Equity History and Analysis
Debt Level: 7NG's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: 7NG's debt to equity ratio has reduced from 169.9% to 101.6% 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 27.3% per year.