Prologue Balance Sheet Health
Financial Health criteria checks 3/6
Prologue has a total shareholder equity of €24.7M and total debt of €18.8M, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are €75.1M and €50.4M respectively. Prologue's EBIT is €2.1M making its interest coverage ratio 2.9. It has cash and short-term investments of €9.2M.
Key information
76.0%
Debt to equity ratio
€18.78m
Debt
Interest coverage ratio | 2.9x |
Cash | €9.22m |
Equity | €24.73m |
Total liabilities | €50.37m |
Total assets | €75.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69P's short term assets (€42.0M) exceed its short term liabilities (€28.9M).
Long Term Liabilities: 69P's short term assets (€42.0M) exceed its long term liabilities (€21.5M).
Debt to Equity History and Analysis
Debt Level: 69P's net debt to equity ratio (38.7%) is considered satisfactory.
Reducing Debt: 69P's debt to equity ratio has increased from 36% to 76% 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.