MyHotelMatch Balance Sheet Health
Financial Health criteria checks 2/6
MyHotelMatch has a total shareholder equity of €270.0K and total debt of €2.7M, which brings its debt-to-equity ratio to 1017.8%. Its total assets and total liabilities are €7.8M and €7.5M respectively.
Key information
1,017.8%
Debt to equity ratio
€2.75m
Debt
| Interest coverage ratio | n/a |
| Cash | €601.00k |
| Equity | €270.00k |
| Total liabilities | €7.48m |
| Total assets | €7.75m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MHM's short term assets (€4.1M) do not cover its short term liabilities (€4.1M).
Long Term Liabilities: MHM's short term assets (€4.1M) exceed its long term liabilities (€3.4M).
Debt to Equity History and Analysis
Debt Level: MHM's net debt to equity ratio (795.2%) is considered high.
Reducing Debt: MHM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 MHM has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MHM has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.