Solid World Group Balance Sheet Health
Financial Health criteria checks 2/6
Solid World Group has a total shareholder equity of €12.4M and total debt of €14.9M, which brings its debt-to-equity ratio to 120.3%. Its total assets and total liabilities are €66.0M and €53.5M respectively.
Key information
120.3%
Debt to equity ratio
€14.94m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.76m |
| Equity | €12.43m |
| Total liabilities | €53.55m |
| Total assets | €65.97m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: F17's short term assets (€36.4M) do not cover its short term liabilities (€41.5M).
Long Term Liabilities: F17's short term assets (€36.4M) exceed its long term liabilities (€12.0M).
Debt to Equity History and Analysis
Debt Level: F17's net debt to equity ratio (98.1%) is considered high.
Reducing Debt: Insufficient data to determine if F17'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: F17 has sufficient cash runway for 4 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: Insufficient data to determine if F17 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.