Mynaric Balance Sheet Health
Financial Health criteria checks 3/6
Mynaric has a total shareholder equity of €8.6M and total debt of €3.0M, which brings its debt-to-equity ratio to 35.3%. Its total assets and total liabilities are €124.0M and €115.4M respectively.
Key information
35.3%
Debt to equity ratio
€3.03m
Debt
Interest coverage ratio | n/a |
Cash | €47.25m |
Equity | €8.60m |
Total liabilities | €115.42m |
Total assets | €124.03m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0AR9's short term assets (€73.8M) exceed its short term liabilities (€47.8M).
Long Term Liabilities: 0AR9's short term assets (€73.8M) exceed its long term liabilities (€67.6M).
Debt to Equity History and Analysis
Debt Level: 0AR9 has more cash than its total debt.
Reducing Debt: 0AR9's debt to equity ratio has increased from 0% to 35.3% 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 0AR9 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 0AR9 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.