algoWatt Balance Sheet Health
Financial Health criteria checks 2/6
algoWatt has a total shareholder equity of €10.5M and total debt of €14.5M, which brings its debt-to-equity ratio to 138.1%. Its total assets and total liabilities are €86.7M and €76.2M respectively.
Key information
138.1%
Debt to equity ratio
€14.48m
Debt
Interest coverage ratio | n/a |
Cash | €2.12m |
Equity | €10.49m |
Total liabilities | €76.18m |
Total assets | €86.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0JDJ's short term assets (€45.8M) do not cover its short term liabilities (€57.2M).
Long Term Liabilities: 0JDJ's short term assets (€45.8M) exceed its long term liabilities (€19.0M).
Debt to Equity History and Analysis
Debt Level: 0JDJ's net debt to equity ratio (117.9%) is considered high.
Reducing Debt: 0JDJ's debt to equity ratio has reduced from 150.8% to 138.1% over the past 5 years.
Debt Coverage: 0JDJ's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0JDJ's interest payments on its debt are well covered by EBIT.