Bike24 Holding Balance Sheet Health
Financial Health criteria checks 5/6
Bike24 Holding has a total shareholder equity of €128.2M and total debt of €33.3M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are €235.9M and €107.7M respectively.
Key information
26.0%
Debt to equity ratio
€33.32m
Debt
| Interest coverage ratio | n/a |
| Cash | €18.31m |
| Equity | €128.21m |
| Total liabilities | €107.72m |
| Total assets | €235.93m |
Recent financial health updates
Recent updates
Is Bike24 Holding (ETR:BIKE) Using Debt Sensibly?
Nov 07
Investors Appear Satisfied With Bike24 Holding AG's (ETR:BIKE) Prospects As Shares Rocket 30%
Sep 02Investors Still Waiting For A Pull Back In Bike24 Holding AG (ETR:BIKE)
Jul 19Bike24 Holding AG (ETR:BIKE) Stocks Pounded By 29% But Not Lagging Industry On Growth Or Pricing
Mar 23Market Participants Recognise Bike24 Holding AG's (ETR:BIKE) Revenues Pushing Shares 36% Higher
Jan 07Bike24 Holding AG (ETR:BIKE) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Nov 05Bike24 Holding AG (ETR:BIKE) Analysts Just Slashed This Year's Estimates
Jul 22Financial Position Analysis
Short Term Liabilities: BIKE's short term assets (€95.8M) exceed its short term liabilities (€66.1M).
Long Term Liabilities: BIKE's short term assets (€95.8M) exceed its long term liabilities (€41.7M).
Debt to Equity History and Analysis
Debt Level: BIKE's net debt to equity ratio (11.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if BIKE'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: Whilst unprofitable BIKE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BIKE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.5% per year.