Cy4gate Balance Sheet Health
Financial Health criteria checks 5/6
Cy4gate has a total shareholder equity of €100.4M and total debt of €45.3M, which brings its debt-to-equity ratio to 45.2%. Its total assets and total liabilities are €188.9M and €88.6M respectively.
Key information
45.2%
Debt to equity ratio
€45.33m
Debt
| Interest coverage ratio | n/a |
| Cash | €23.42m |
| Equity | €100.36m |
| Total liabilities | €88.57m |
| Total assets | €188.93m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: CY4M's short term assets (€86.1M) exceed its short term liabilities (€46.2M).
Long Term Liabilities: CY4M's short term assets (€86.1M) exceed its long term liabilities (€42.4M).
Debt to Equity History and Analysis
Debt Level: CY4M's net debt to equity ratio (21.8%) is considered satisfactory.
Reducing Debt: CY4M's debt to equity ratio has reduced from 52.7% to 45.2% over the past 5 years.
Debt Coverage: CY4M's debt is well covered by operating cash flow (59.5%).
Interest Coverage: Insufficient data to determine if CY4M's interest payments on its debt are well covered by EBIT.