EQTEC Balance Sheet Health
Financial Health criteria checks 4/6
EQTEC has a total shareholder equity of €39.6M and total debt of €4.9M, which brings its debt-to-equity ratio to 12.3%. Its total assets and total liabilities are €50.7M and €11.0M respectively.
Key information
12.3%
Debt to equity ratio
€4.86m
Debt
Interest coverage ratio | n/a |
Cash | €1.04m |
Equity | €39.65m |
Total liabilities | €11.04m |
Total assets | €50.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EQT's short term assets (€20.9M) exceed its short term liabilities (€8.4M).
Long Term Liabilities: EQT's short term assets (€20.9M) exceed its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: EQT's net debt to equity ratio (9.6%) is considered satisfactory.
Reducing Debt: EQT's debt to equity ratio has reduced from 34.6% to 12.3% 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 EQT has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if EQT has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.