CTE Group Balance Sheet Health
Financial Health criteria checks 5/6
CTE Group has a total shareholder equity of PLN28.2M and total debt of PLN726.5K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are PLN30.6M and PLN2.4M respectively.
Key information
2.6%
Debt to equity ratio
zł726.47k
Debt
| Interest coverage ratio | n/a |
| Cash | zł1.09m |
| Equity | zł28.20m |
| Total liabilities | zł2.38m |
| Total assets | zł30.58m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CTE's short term assets (PLN1.5M) exceed its short term liabilities (PLN862.0K).
Long Term Liabilities: CTE's short term assets (PLN1.5M) do not cover its long term liabilities (PLN1.5M).
Debt to Equity History and Analysis
Debt Level: CTE has more cash than its total debt.
Reducing Debt: CTE's debt to equity ratio has reduced from 358.4% to 2.6% 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: Whilst unprofitable CTE has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CTE is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 13% per year.