Hagag Europe Development Z.F Balance Sheet Health
Financial Health criteria checks 4/6
Hagag Europe Development Z.F has a total shareholder equity of €57.0M and total debt of €91.3M, which brings its debt-to-equity ratio to 160.2%. Its total assets and total liabilities are €163.5M and €106.5M respectively.
Key information
160.2%
Debt to equity ratio
€91.33m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.26m |
| Equity | €57.02m |
| Total liabilities | €106.49m |
| Total assets | €163.51m |
Recent financial health updates
No updates
Recent updates
Why Investors Shouldn't Be Surprised By Hagag Europe Development Z.F. Ltd's (TLV:HGGE) P/S
Jan 08
Hagag Europe Development Z.F's (TLV:HGGE) Shareholders May Want To Dig Deeper Than Statutory Profit
Sep 08Hagag Europe Development Z.F. Ltd (TLV:HGGE) Might Not Be As Mispriced As It Looks
May 22Calculating The Fair Value Of Hagag Europe Development Z.F. Ltd (TLV:HGGE)
Feb 17Financial Position Analysis
Short Term Liabilities: HGGE's short term assets (€80.3M) exceed its short term liabilities (€45.9M).
Long Term Liabilities: HGGE's short term assets (€80.3M) exceed its long term liabilities (€60.5M).
Debt to Equity History and Analysis
Debt Level: HGGE's net debt to equity ratio (145.7%) is considered high.
Reducing Debt: HGGE's debt to equity ratio has increased from 151.9% to 160.2% 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: HGGE has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: HGGE is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.