Theraclion Balance Sheet Health
Financial Health criteria checks 4/6
Theraclion has a total shareholder equity of €5.6M and total debt of €1.9M, which brings its debt-to-equity ratio to 34.5%. Its total assets and total liabilities are €18.7M and €13.0M respectively.
Key information
34.5%
Debt to equity ratio
€1.95m
Debt
Interest coverage ratio | n/a |
Cash | €7.82m |
Equity | €5.65m |
Total liabilities | €13.02m |
Total assets | €18.66m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ALTHE's short term assets (€16.1M) exceed its short term liabilities (€6.7M).
Long Term Liabilities: ALTHE's short term assets (€16.1M) exceed its long term liabilities (€6.3M).
Debt to Equity History and Analysis
Debt Level: ALTHE has more cash than its total debt.
Reducing Debt: ALTHE 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 ALTHE has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTHE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.