Windar Photonics Balance Sheet Health
Financial Health criteria checks 5/6
Windar Photonics has a total shareholder equity of €4.9M and total debt of €1.6M, which brings its debt-to-equity ratio to 33.1%. Its total assets and total liabilities are €7.4M and €2.5M respectively. Windar Photonics's EBIT is €54.9K making its interest coverage ratio 0.4. It has cash and short-term investments of €2.8M.
Key information
33.1%
Debt to equity ratio
€1.61m
Debt
Interest coverage ratio | 0.4x |
Cash | €2.76m |
Equity | €4.88m |
Total liabilities | €2.48m |
Total assets | €7.35m |
Financial Position Analysis
Short Term Liabilities: WPHO's short term assets (€5.4M) exceed its short term liabilities (€1.1M).
Long Term Liabilities: WPHO's short term assets (€5.4M) exceed its long term liabilities (€1.3M).
Debt to Equity History and Analysis
Debt Level: WPHO has more cash than its total debt.
Reducing Debt: WPHO's debt to equity ratio has reduced from 78.2% to 33.1% 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: WPHO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if WPHO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.