Artnet Balance Sheet Health
Financial Health criteria checks 2/6
Artnet has a total shareholder equity of €3.7M and total debt of €1.9M, which brings its debt-to-equity ratio to 51.1%. Its total assets and total liabilities are €12.7M and €9.0M respectively.
Key information
51.1%
Debt to equity ratio
€1.87m
Debt
| Interest coverage ratio | n/a |
| Cash | €419.42k |
| Equity | €3.65m |
| Total liabilities | €9.00m |
| Total assets | €12.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0Q4A's short term assets (€3.3M) do not cover its short term liabilities (€9.0M).
Long Term Liabilities: 0Q4A's short term assets (€3.3M) exceed its long term liabilities (€45.8K).
Debt to Equity History and Analysis
Debt Level: 0Q4A's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: 0Q4A's debt to equity ratio has increased from 0% to 51.1% 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: 0Q4A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0Q4A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.4% each year