EDAP TMS Balance Sheet Health
Financial Health criteria checks 6/6
EDAP TMS has a total shareholder equity of €47.6M and total debt of €5.7M, which brings its debt-to-equity ratio to 12.1%. Its total assets and total liabilities are €82.2M and €34.5M respectively.
Key information
12.1%
Debt to equity ratio
€5.74m
Debt
| Interest coverage ratio | n/a |
| Cash | €30.21m |
| Equity | €47.64m |
| Total liabilities | €34.53m |
| Total assets | €82.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EDA's short term assets (€67.3M) exceed its short term liabilities (€27.4M).
Long Term Liabilities: EDA's short term assets (€67.3M) exceed its long term liabilities (€7.1M).
Debt to Equity History and Analysis
Debt Level: EDA has more cash than its total debt.
Reducing Debt: EDA's debt to equity ratio has reduced from 19.1% to 12.1% 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: EDA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EDA has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 41.5% each year.