Pipe Works L. Girakian Profil Balance Sheet Health
Financial Health criteria checks 4/6
Pipe Works L. Girakian Profil has a total shareholder equity of €8.8M and total debt of €16.4M, which brings its debt-to-equity ratio to 185.9%. Its total assets and total liabilities are €41.5M and €32.6M respectively.
Key information
185.9%
Debt to equity ratio
€16.40m
Debt
| Interest coverage ratio | n/a |
| Cash | €362.07k |
| Equity | €8.82m |
| Total liabilities | €32.65m |
| Total assets | €41.47m |
Recent financial health updates
Here's Why Pipe Works L. Girakian Profil (ATH:PROFK) Is Weighed Down By Its Debt Load
Oct 10
Is Pipe Works L. Girakian Profil (ATH:PROFK) A Risky Investment?
Jun 30Recent updates
Pipe Works L. Girakian Profil (ATH:PROFK) Is Looking To Continue Growing Its Returns On Capital
Sep 06Take Care Before Diving Into The Deep End On Pipe Works L. Girakian Profil S.A. (ATH:PROFK)
Jul 05Here's Why Pipe Works L. Girakian Profil (ATH:PROFK) Is Weighed Down By Its Debt Load
Oct 10Pipe Works L. Girakian Profil (ATH:PROFK) Is Looking To Continue Growing Its Returns On Capital
Jul 20Pipe Works L. Girakian Profil (ATH:PROFK) Is Looking To Continue Growing Its Returns On Capital
Dec 13Investors Will Want Pipe Works L. Girakian Profil's (ATH:PROFK) Growth In ROCE To Persist
Nov 17We Believe Pipe Works L. Girakian Profil's (ATH:PROFK) Earnings Are A Poor Guide For Its Profitability
Oct 06Is Pipe Works L. Girakian Profil (ATH:PROFK) A Risky Investment?
Jun 30Pipe Works L. Girakian Profil (ATH:PROFK) Shareholders Will Want The ROCE Trajectory To Continue
Mar 31Financial Position Analysis
Short Term Liabilities: PROFK's short term assets (€27.9M) do not cover its short term liabilities (€28.7M).
Long Term Liabilities: PROFK's short term assets (€27.9M) exceed its long term liabilities (€3.9M).
Debt to Equity History and Analysis
Debt Level: PROFK's net debt to equity ratio (181.8%) is considered high.
Reducing Debt: PROFK's debt to equity ratio has reduced from 247.8% to 185.9% 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: Whilst unprofitable PROFK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PROFK is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 13.7% per year.