Gigas Hosting Balance Sheet Health
Financial Health criteria checks 2/6
Gigas Hosting has a total shareholder equity of €38.7M and total debt of €53.2M, which brings its debt-to-equity ratio to 137.4%. Its total assets and total liabilities are €172.1M and €133.4M respectively.
Key information
137.4%
Debt to equity ratio
€53.19m
Debt
| Interest coverage ratio | n/a |
| Cash | €19.32m |
| Equity | €38.70m |
| Total liabilities | €133.36m |
| Total assets | €172.06m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: GIGA's short term assets (€38.9M) do not cover its short term liabilities (€40.5M).
Long Term Liabilities: GIGA's short term assets (€38.9M) do not cover its long term liabilities (€92.8M).
Debt to Equity History and Analysis
Debt Level: GIGA's net debt to equity ratio (87.5%) is considered high.
Reducing Debt: GIGA's debt to equity ratio has increased from 86.1% to 137.4% 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: GIGA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GIGA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 3% each year