Bike24 Holding Balance Sheet Health
Financial Health criteria checks 5/6
Bike24 Holding has a total shareholder equity of €138.1M and total debt of €38.7M, which brings its debt-to-equity ratio to 28.1%. Its total assets and total liabilities are €246.6M and €108.5M respectively.
Key information
28.1%
Debt to equity ratio
€38.73m
Debt
Interest coverage ratio | n/a |
Cash | €18.41m |
Equity | €138.09m |
Total liabilities | €108.52m |
Total assets | €246.61m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BIKE's short term assets (€97.4M) exceed its short term liabilities (€61.9M).
Long Term Liabilities: BIKE's short term assets (€97.4M) exceed its long term liabilities (€46.6M).
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 36.7% per year.