Prologue Balance Sheet Health
Financial Health criteria checks 4/6
Prologue has a total shareholder equity of €21.5M and total debt of €16.0M, which brings its debt-to-equity ratio to 74.4%. Its total assets and total liabilities are €69.6M and €48.1M respectively. Prologue's EBIT is €242.0K making its interest coverage ratio 0.5. It has cash and short-term investments of €12.9M.
Key information
74.4%
Debt to equity ratio
€16.00m
Debt
| Interest coverage ratio | 0.5x |
| Cash | €12.86m |
| Equity | €21.52m |
| Total liabilities | €48.09m |
| Total assets | €69.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69P's short term assets (€41.0M) exceed its short term liabilities (€27.7M).
Long Term Liabilities: 69P's short term assets (€41.0M) exceed its long term liabilities (€20.4M).
Debt to Equity History and Analysis
Debt Level: 69P's net debt to equity ratio (14.6%) is considered satisfactory.
Reducing Debt: 69P's debt to equity ratio has reduced from 76.9% to 74.4% 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: Insufficient data to determine if 69P has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 69P has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.