Ikonisys Balance Sheet Health
Financial Health criteria checks 1/6
Ikonisys has a total shareholder equity of €17.1M and total debt of €2.8M, which brings its debt-to-equity ratio to 16.6%. Its total assets and total liabilities are €21.5M and €4.4M respectively.
Key information
16.6%
Debt to equity ratio
€2.84m
Debt
Interest coverage ratio | n/a |
Cash | €66.06k |
Equity | €17.09m |
Total liabilities | €4.38m |
Total assets | €21.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9W8's short term assets (€775.7K) do not cover its short term liabilities (€1.2M).
Long Term Liabilities: 9W8's short term assets (€775.7K) do not cover its long term liabilities (€3.2M).
Debt to Equity History and Analysis
Debt Level: 9W8's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 9W8's debt to equity ratio has reduced 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 9W8 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 9W8 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.