Cy4gate Balance Sheet Health
Financial Health criteria checks 5/6
Cy4gate has a total shareholder equity of €111.1M and total debt of €28.8M, which brings its debt-to-equity ratio to 25.9%. Its total assets and total liabilities are €178.8M and €67.7M respectively.
Key information
25.9%
Debt to equity ratio
€28.80m
Debt
Interest coverage ratio | n/a |
Cash | €18.36m |
Equity | €111.13m |
Total liabilities | €67.72m |
Total assets | €178.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68H's short term assets (€85.8M) exceed its short term liabilities (€38.4M).
Long Term Liabilities: 68H's short term assets (€85.8M) exceed its long term liabilities (€29.3M).
Debt to Equity History and Analysis
Debt Level: 68H's net debt to equity ratio (9.4%) is considered satisfactory.
Reducing Debt: 68H's debt to equity ratio has reduced from 69.3% to 25.9% over the past 5 years.
Debt Coverage: 68H's debt is well covered by operating cash flow (71.1%).
Interest Coverage: Insufficient data to determine if 68H's interest payments on its debt are well covered by EBIT.