Philogen Balance Sheet Health
Financial Health criteria checks 6/6
Philogen has a total shareholder equity of €90.6M and total debt of €2.8M, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are €119.3M and €28.7M respectively.
Key information
3.1%
Debt to equity ratio
€2.82m
Debt
Interest coverage ratio | n/a |
Cash | €75.34m |
Equity | €90.59m |
Total liabilities | €28.68m |
Total assets | €119.27m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 78Q's short term assets (€89.2M) exceed its short term liabilities (€12.7M).
Long Term Liabilities: 78Q's short term assets (€89.2M) exceed its long term liabilities (€16.0M).
Debt to Equity History and Analysis
Debt Level: 78Q has more cash than its total debt.
Reducing Debt: 78Q's debt to equity ratio has reduced from 41% to 3.1% 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: 78Q has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 78Q has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 7.1% each year.