Sparta Balance Sheet Health
Financial Health criteria checks 3/6
Sparta has a total shareholder equity of €165.9M and total debt of €5.6M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are €171.6M and €5.7M respectively.
Key information
3.4%
Debt to equity ratio
€5.59m
Debt
| Interest coverage ratio | n/a |
| Cash | €418.26k |
| Equity | €165.92m |
| Total liabilities | €5.69m |
| Total assets | €171.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPT6's short term assets (€986.7K) do not cover its short term liabilities (€5.6M).
Long Term Liabilities: SPT6's short term assets (€986.7K) exceed its long term liabilities (€62.2K).
Debt to Equity History and Analysis
Debt Level: SPT6's net debt to equity ratio (3.1%) is considered satisfactory.
Reducing Debt: SPT6's debt to equity ratio has reduced from 19.2% to 3.4% 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: Insufficient data to determine if SPT6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPT6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.