Softec Balance Sheet Health
Financial Health criteria checks 0/6
Softec has a total shareholder equity of €319.7K and total debt of €2.1M, which brings its debt-to-equity ratio to 646.8%. Its total assets and total liabilities are €7.7M and €7.4M respectively.
Key information
646.8%
Debt to equity ratio
€2.07m
Debt
| Interest coverage ratio | n/a |
| Cash | €59.15k |
| Equity | €319.70k |
| Total liabilities | €7.38m |
| Total assets | €7.70m |
Financial Position Analysis
Short Term Liabilities: YSFT's short term assets (€2.3M) do not cover its short term liabilities (€4.7M).
Long Term Liabilities: YSFT's short term assets (€2.3M) do not cover its long term liabilities (€2.7M).
Debt to Equity History and Analysis
Debt Level: YSFT's net debt to equity ratio (628.3%) is considered high.
Reducing Debt: YSFT's debt to equity ratio has increased from 43.3% to 646.8% 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: YSFT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: YSFT has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.3% each year.