Theranexus Société Anonyme Balance Sheet Health
Financial Health criteria checks 3/6
Theranexus Société Anonyme has a total shareholder equity of €2.6M and total debt of €3.9M, which brings its debt-to-equity ratio to 147.3%. Its total assets and total liabilities are €8.0M and €5.3M respectively.
Key information
147.3%
Debt to equity ratio
€3.88m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.80m |
| Equity | €2.64m |
| Total liabilities | €5.34m |
| Total assets | €7.97m |
Financial Position Analysis
Short Term Liabilities: ALTHX's short term assets (€6.6M) exceed its short term liabilities (€2.4M).
Long Term Liabilities: ALTHX's short term assets (€6.6M) exceed its long term liabilities (€2.9M).
Debt to Equity History and Analysis
Debt Level: ALTHX has more cash than its total debt.
Reducing Debt: ALTHX's debt to equity ratio has increased from 2.1% to 147.3% 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: Insufficient data to determine if ALTHX has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALTHX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.