Bike24 Holding Balance Sheet Health
Financial Health criteria checks 5/6
Bike24 Holding has a total shareholder equity of €132.3M and total debt of €37.7M, which brings its debt-to-equity ratio to 28.5%. Its total assets and total liabilities are €244.3M and €112.0M respectively.
Key information
28.5%
Debt to equity ratio
€37.69m
Debt
Interest coverage ratio | n/a |
Cash | €18.28m |
Equity | €132.28m |
Total liabilities | €112.00m |
Total assets | €244.28m |
Recent financial health updates
No updates
Recent updates
Bike24 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 (€98.7M) exceed its short term liabilities (€40.5M).
Long Term Liabilities: BIKE's short term assets (€98.7M) exceed its long term liabilities (€71.5M).
Debt to Equity History and Analysis
Debt Level: BIKE's net debt to equity ratio (14.7%) 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, even with free cash flow being positive and shrinking by 20.8% per year.