Philogen Balance Sheet Health
Financial Health criteria checks 6/6
Philogen has a total shareholder equity of €97.9M and total debt of €3.9M, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are €125.8M and €27.9M respectively.
Key information
4.0%
Debt to equity ratio
€3.87m
Debt
Interest coverage ratio | n/a |
Cash | €86.20m |
Equity | €97.92m |
Total liabilities | €27.91m |
Total assets | €125.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHILM's short term assets (€99.0M) exceed its short term liabilities (€10.8M).
Long Term Liabilities: PHILM's short term assets (€99.0M) exceed its long term liabilities (€17.1M).
Debt to Equity History and Analysis
Debt Level: PHILM has more cash than its total debt.
Reducing Debt: PHILM's debt to equity ratio has reduced from 46.1% to 4% 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: PHILM has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: PHILM has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 22.2% each year