Pryme Balance Sheet Health
Financial Health criteria checks 2/6
Pryme has a total shareholder equity of €37.2M and total debt of €7.1M, which brings its debt-to-equity ratio to 19.1%. Its total assets and total liabilities are €52.9M and €15.7M respectively.
Key information
19.1%
Debt to equity ratio
€7.09m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.57m |
| Equity | €37.22m |
| Total liabilities | €15.67m |
| Total assets | €52.89m |
Financial Position Analysis
Short Term Liabilities: PRYME's short term assets (€7.3M) exceed its short term liabilities (€3.5M).
Long Term Liabilities: PRYME's short term assets (€7.3M) do not cover its long term liabilities (€12.1M).
Debt to Equity History and Analysis
Debt Level: PRYME's net debt to equity ratio (6.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PRYME's debt to equity ratio has reduced 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: PRYME has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PRYME has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.9% each year