artec technologies Balance Sheet Health
Financial Health criteria checks 4/6
artec technologies has a total shareholder equity of €2.3M and total debt of €267.7K, which brings its debt-to-equity ratio to 11.6%. Its total assets and total liabilities are €2.9M and €607.6K respectively.
Key information
11.6%
Debt to equity ratio
€267.72k
Debt
| Interest coverage ratio | n/a |
| Cash | €10.68k |
| Equity | €2.31m |
| Total liabilities | €607.63k |
| Total assets | €2.92m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: A6T's short term assets (€206.3K) exceed its short term liabilities (€178.5K).
Long Term Liabilities: A6T's short term assets (€206.3K) do not cover its long term liabilities (€429.1K).
Debt to Equity History and Analysis
Debt Level: A6T's net debt to equity ratio (11.1%) is considered satisfactory.
Reducing Debt: A6T's debt to equity ratio has increased from 1.6% to 11.6% 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: Whilst unprofitable A6T has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: A6T is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 1.1% per year.