Spineway Balance Sheet Health
Financial Health criteria checks 4/6
Spineway has a total shareholder equity of €19.1M and total debt of €2.6M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are €26.3M and €7.3M respectively.
Key information
13.5%
Debt to equity ratio
€2.57m
Debt
Interest coverage ratio | n/a |
Cash | €1.80m |
Equity | €19.05m |
Total liabilities | €7.26m |
Total assets | €26.31m |
Recent financial health updates
Is Spineway (EPA:ALSPW) Using Debt Sensibly?
Apr 12Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?
Dec 27Is Spineway Société Anonyme (EPA:ALSPW) Using Too Much Debt?
May 14Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?
Jan 28Recent updates
Not Many Are Piling Into Spineway SA (EPA:ALSPW) Stock Yet As It Plummets 32%
Mar 19Market Might Still Lack Some Conviction On Spineway SA (EPA:ALSPW) Even After 162% Share Price Boost
Jan 31Is Spineway (EPA:ALSPW) Using Debt Sensibly?
Apr 12Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?
Dec 27Is Spineway Société Anonyme (EPA:ALSPW) Using Too Much Debt?
May 14Spineway Société Anonyme's (EPA:ALSPW) Shift From Loss To Profit
Mar 22Spineway Société Anonyme (EPA:ALSPW) Has Debt But No Earnings; Should You Worry?
Jan 28Financial Position Analysis
Short Term Liabilities: ALSPW's short term assets (€10.2M) exceed its short term liabilities (€5.3M).
Long Term Liabilities: ALSPW's short term assets (€10.2M) exceed its long term liabilities (€2.0M).
Debt to Equity History and Analysis
Debt Level: ALSPW's net debt to equity ratio (4.1%) is considered satisfactory.
Reducing Debt: ALSPW's debt to equity ratio has reduced from 413.2% to 13.5% 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: ALSPW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALSPW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 24% each year