Pyramid Balance Sheet Health
Financial Health criteria checks 3/6
Pyramid has a total shareholder equity of €44.9M and total debt of €12.4M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are €71.6M and €26.6M respectively. Pyramid's EBIT is €32.3M making its interest coverage ratio 26.5. It has cash and short-term investments of €3.8M.
Key information
27.7%
Debt to equity ratio
€12.43m
Debt
| Interest coverage ratio | 26.5x |
| Cash | €3.77m |
| Equity | €44.94m |
| Total liabilities | €26.61m |
| Total assets | €71.55m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: M3BK's short term assets (€32.7M) exceed its short term liabilities (€17.0M).
Long Term Liabilities: M3BK's short term assets (€32.7M) exceed its long term liabilities (€9.6M).
Debt to Equity History and Analysis
Debt Level: M3BK's net debt to equity ratio (19.3%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if M3BK'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: Insufficient data to determine if M3BK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if M3BK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.