Cy4gate Balance Sheet Health
Financial Health criteria checks 6/6
Cy4gate has a total shareholder equity of €94.5M and total debt of €43.1M, which brings its debt-to-equity ratio to 45.6%. Its total assets and total liabilities are €176.7M and €82.2M respectively.
Key information
45.6%
Debt to equity ratio
€43.06m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.29m |
| Equity | €94.52m |
| Total liabilities | €82.17m |
| Total assets | €176.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 68H's short term assets (€74.7M) exceed its short term liabilities (€41.8M).
Long Term Liabilities: 68H's short term assets (€74.7M) exceed its long term liabilities (€40.3M).
Debt to Equity History and Analysis
Debt Level: 68H's net debt to equity ratio (36.8%) is considered satisfactory.
Reducing Debt: 68H's debt to equity ratio has reduced from 46.8% to 45.6% 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 68H has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 68H is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.2% per year.