Penneo Balance Sheet Health
Financial Health criteria checks 4/6
Penneo has a total shareholder equity of DKK94.1M and total debt of DKK13.3M, which brings its debt-to-equity ratio to 14.1%. Its total assets and total liabilities are DKK140.7M and DKK46.7M respectively.
Key information
14.1%
Debt to equity ratio
kr.13.29m
Debt
| Interest coverage ratio | n/a |
| Cash | kr.42.22m |
| Equity | kr.94.09m |
| Total liabilities | kr.46.66m |
| Total assets | kr.140.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 4ZD's short term assets (DKK60.2M) exceed its short term liabilities (DKK22.9M).
Long Term Liabilities: 4ZD's short term assets (DKK60.2M) exceed its long term liabilities (DKK23.8M).
Debt to Equity History and Analysis
Debt Level: 4ZD has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 4ZD'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: 4ZD has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 4ZD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.