Targetspot Financial Health
How is Targetspot's financial position?
Financial Health Score2/6
Financial Health Score 2/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: ALTGS's short term assets (€18.3M) do not cover its short term liabilities (€29.8M).
Long Term Liabilities: ALTGS's short term assets (€18.3M) exceed its long term liabilities (€16.3M).
Debt to Equity History and Analysis
Debt Level: ALTGS's net debt to equity ratio (158.2%) is considered high.
Reducing Debt: ALTGS's debt to equity ratio has reduced from 349.7% to 186.6% over the past 5 years.
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: ALTGS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTGS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.