Predict Balance Sheet Health
Financial Health criteria checks 4/6
Predict has a total shareholder equity of €2.0M and total debt of €839.0K, which brings its debt-to-equity ratio to 41.1%. Its total assets and total liabilities are €4.7M and €2.6M respectively.
Key information
41.1%
Debt to equity ratio
€839.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €216.00k |
| Equity | €2.04m |
| Total liabilities | €2.62m |
| Total assets | €4.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PRE's short term assets (€3.0M) exceed its short term liabilities (€2.3M).
Long Term Liabilities: PRE's short term assets (€3.0M) exceed its long term liabilities (€327.0K).
Debt to Equity History and Analysis
Debt Level: PRE's net debt to equity ratio (30.6%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PRE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PRE's debt is well covered by operating cash flow (154.6%).
Interest Coverage: Insufficient data to determine if PRE's interest payments on its debt are well covered by EBIT.