MagForce Balance Sheet Health
Financial Health criteria checks 0/6
MagForce has a total shareholder equity of €26.8M and total debt of €25.6M, which brings its debt-to-equity ratio to 95.5%. Its total assets and total liabilities are €62.8M and €36.0M respectively.
Key information
95.5%
Debt to equity ratio
€25.64m
Debt
| Interest coverage ratio | n/a |
| Cash | €114.74k |
| Equity | €26.84m |
| Total liabilities | €35.99m |
| Total assets | €62.83m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: MF6's short term assets (€1.1M) do not cover its short term liabilities (€8.7M).
Long Term Liabilities: MF6's short term assets (€1.1M) do not cover its long term liabilities (€27.3M).
Debt to Equity History and Analysis
Debt Level: MF6's net debt to equity ratio (95.1%) is considered high.
Reducing Debt: MF6's debt to equity ratio has increased from 0.4% to 95.5% 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 MF6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MF6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.