Neosperience Balance Sheet Health
Financial Health criteria checks 3/6
Neosperience has a total shareholder equity of €34.6M and total debt of €17.0M, which brings its debt-to-equity ratio to 49.1%. Its total assets and total liabilities are €61.3M and €26.7M respectively. Neosperience's EBIT is €1.4M making its interest coverage ratio 2.4. It has cash and short-term investments of €2.6M.
Key information
49.1%
Debt to equity ratio
€16.99m
Debt
Interest coverage ratio | 2.4x |
Cash | €2.60m |
Equity | €34.62m |
Total liabilities | €26.65m |
Total assets | €61.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y8E's short term assets (€17.3M) exceed its short term liabilities (€13.2M).
Long Term Liabilities: Y8E's short term assets (€17.3M) exceed its long term liabilities (€13.4M).
Debt to Equity History and Analysis
Debt Level: Y8E's net debt to equity ratio (41.6%) is considered high.
Reducing Debt: Y8E's debt to equity ratio has reduced from 72.5% to 49.1% over the past 5 years.
Debt Coverage: Y8E's debt is not well covered by operating cash flow (9.4%).
Interest Coverage: Y8E's interest payments on its debt are not well covered by EBIT (2.4x coverage).