Circa Group Balance Sheet Health
Financial Health criteria checks 3/6
Circa Group has a total shareholder equity of €26.8M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €39.5M and €12.7M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €2.44m |
| Equity | €26.81m |
| Total liabilities | €12.70m |
| Total assets | €39.51m |
Financial Position Analysis
Short Term Liabilities: CIRCA's short term assets (€5.1M) do not cover its short term liabilities (€12.6M).
Long Term Liabilities: CIRCA's short term assets (€5.1M) exceed its long term liabilities (€69.0K).
Debt to Equity History and Analysis
Debt Level: CIRCA is debt free.
Reducing Debt: CIRCA currently has no debt however we can't compare to 5 years ago as we have no data for that period.
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: CIRCA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CIRCA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.6% each year