Neosperience Balance Sheet Health
Financial Health criteria checks 2/6
Neosperience has a total shareholder equity of €31.6M and total debt of €24.6M, which brings its debt-to-equity ratio to 78.1%. Its total assets and total liabilities are €67.1M and €35.5M respectively. Neosperience's EBIT is €844.8K making its interest coverage ratio 1.1. It has cash and short-term investments of €6.8M.
Key information
78.1%
Debt to equity ratio
€24.64m
Debt
| Interest coverage ratio | 1.1x |
| Cash | €6.83m |
| Equity | €31.58m |
| Total liabilities | €35.54m |
| Total assets | €67.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y8E's short term assets (€20.4M) exceed its short term liabilities (€15.5M).
Long Term Liabilities: Y8E's short term assets (€20.4M) exceed its long term liabilities (€20.1M).
Debt to Equity History and Analysis
Debt Level: Y8E's net debt to equity ratio (56.4%) is considered high.
Reducing Debt: Y8E's debt to equity ratio has increased from 20.6% to 78.1% over the past 5 years.
Debt Coverage: Y8E's debt is not well covered by operating cash flow (0.6%).
Interest Coverage: Y8E's interest payments on its debt are not well covered by EBIT (1.1x coverage).