Exail Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Exail Technologies has a total shareholder equity of €213.2M and total debt of €299.6M, which brings its debt-to-equity ratio to 140.5%. Its total assets and total liabilities are €813.2M and €600.1M respectively. Exail Technologies's EBIT is €7.2M making its interest coverage ratio 0.3. It has cash and short-term investments of €25.5M.
Key information
140.5%
Debt to equity ratio
€299.59m
Debt
Interest coverage ratio | 0.3x |
Cash | €25.54m |
Equity | €213.17m |
Total liabilities | €600.08m |
Total assets | €813.25m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: GGRG.F's short term assets (€296.3M) exceed its short term liabilities (€224.8M).
Long Term Liabilities: GGRG.F's short term assets (€296.3M) do not cover its long term liabilities (€375.3M).
Debt to Equity History and Analysis
Debt Level: GGRG.F's net debt to equity ratio (128.6%) is considered high.
Reducing Debt: GGRG.F's debt to equity ratio has increased from 42.5% to 140.5% 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 GGRG.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: GGRG.F is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 30.6% per year.