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 ratio0.4x
Cash€2.76m
Equity€4.88m
Total liabilities€2.48m
Total assets€7.35m

Recent financial health updates

Recent updates

Does Windar Photonics (LON:WPHO) Have A Healthy Balance Sheet?

Oct 07
Does Windar Photonics (LON:WPHO) Have A Healthy Balance Sheet?

Does Windar Photonics (LON:WPHO) Have A Healthy Balance Sheet?

Jun 15
Does Windar Photonics (LON:WPHO) Have A Healthy Balance Sheet?

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.


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