creditshelf Balance Sheet Health
Financial Health criteria checks 1/6
creditshelf has a total shareholder equity of €373.8K and total debt of €4.4M, which brings its debt-to-equity ratio to 1165.8%. Its total assets and total liabilities are €8.0M and €7.7M respectively.
Key information
1,165.8%
Debt to equity ratio
€4.36m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.98m |
| Equity | €373.80k |
| Total liabilities | €7.66m |
| Total assets | €8.03m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CSQ's short term assets (€4.5M) exceed its short term liabilities (€3.1M).
Long Term Liabilities: CSQ's short term assets (€4.5M) do not cover its long term liabilities (€4.6M).
Debt to Equity History and Analysis
Debt Level: CSQ's net debt to equity ratio (368.7%) is considered high.
Reducing Debt: CSQ's debt to equity ratio has increased from 1.8% to 1165.8% 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: CSQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CSQ has less than a year of cash runway if free cash flow continues to grow at historical rates of 16.2% each year.