Pryme Balance Sheet Health
Financial Health criteria checks 4/6
Pryme has a total shareholder equity of €41.7M and total debt of €5.8M, which brings its debt-to-equity ratio to 13.9%. Its total assets and total liabilities are €63.9M and €22.1M respectively.
Key information
13.9%
Debt to equity ratio
€5.80m
Debt
| Interest coverage ratio | n/a |
| Cash | €8.20m |
| Equity | €41.74m |
| Total liabilities | €22.11m |
| Total assets | €63.85m |
Financial Position Analysis
Short Term Liabilities: PRYME's short term assets (€9.7M) exceed its short term liabilities (€7.9M).
Long Term Liabilities: PRYME's short term assets (€9.7M) do not cover its long term liabilities (€14.3M).
Debt to Equity History and Analysis
Debt Level: PRYME has more cash than its total debt.
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 sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: PRYME is forecast to have sufficient cash runway for 5 months based on free cash flow estimates, but has since raised additional capital.