Eurotech Balance Sheet Health
Financial Health criteria checks 4/6
Eurotech has a total shareholder equity of €86.1M and total debt of €24.6M, which brings its debt-to-equity ratio to 28.6%. Its total assets and total liabilities are €140.8M and €54.7M respectively.
Key information
28.6%
Debt to equity ratio
€24.62m
Debt
| Interest coverage ratio | n/a |
| Cash | €5.74m |
| Equity | €86.12m |
| Total liabilities | €54.66m |
| Total assets | €140.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ETH's short term assets (€45.4M) exceed its short term liabilities (€38.2M).
Long Term Liabilities: ETH's short term assets (€45.4M) exceed its long term liabilities (€16.5M).
Debt to Equity History and Analysis
Debt Level: ETH's net debt to equity ratio (21.9%) is considered satisfactory.
Reducing Debt: ETH's debt to equity ratio has increased from 13.5% to 28.6% 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: ETH has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ETH has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.