Cherry Balance Sheet Health
Financial Health criteria checks 4/6
Cherry has a total shareholder equity of €118.8M and total debt of €35.3M, which brings its debt-to-equity ratio to 29.7%. Its total assets and total liabilities are €211.5M and €92.7M respectively.
Key information
29.7%
Debt to equity ratio
€35.28m
Debt
Interest coverage ratio | n/a |
Cash | €31.20m |
Equity | €118.80m |
Total liabilities | €92.72m |
Total assets | €211.52m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: C3RY's short term assets (€113.8M) exceed its short term liabilities (€66.0M).
Long Term Liabilities: C3RY's short term assets (€113.8M) exceed its long term liabilities (€26.7M).
Debt to Equity History and Analysis
Debt Level: C3RY's net debt to equity ratio (3.4%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if C3RY'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: C3RY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if C3RY has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.