Creotech Instruments Balance Sheet Health
Financial Health criteria checks 4/6
Creotech Instruments has a total shareholder equity of PLN39.2M and total debt of PLN3.1M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are PLN120.6M and PLN81.4M respectively.
Key information
8.0%
Debt to equity ratio
zł3.12m
Debt
| Interest coverage ratio | n/a |
| Cash | zł24.85m |
| Equity | zł39.16m |
| Total liabilities | zł81.44m |
| Total assets | zł120.60m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CRI's short term assets (PLN52.1M) exceed its short term liabilities (PLN27.6M).
Long Term Liabilities: CRI's short term assets (PLN52.1M) do not cover its long term liabilities (PLN53.9M).
Debt to Equity History and Analysis
Debt Level: CRI has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CRI'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: CRI has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: CRI has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 18.7% each year.