Nyxoah Balance Sheet Health
Financial Health criteria checks 6/6
Nyxoah has a total shareholder equity of €87.2M and total debt of €9.0M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are €113.0M and €25.8M respectively.
Key information
10.3%
Debt to equity ratio
€8.96m
Debt
Interest coverage ratio | n/a |
Cash | €44.30m |
Equity | €87.20m |
Total liabilities | €25.82m |
Total assets | €113.02m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: NYXH's short term assets (€55.1M) exceed its short term liabilities (€14.0M).
Long Term Liabilities: NYXH's short term assets (€55.1M) exceed its long term liabilities (€11.8M).
Debt to Equity History and Analysis
Debt Level: NYXH has more cash than its total debt.
Reducing Debt: NYXH's debt to equity ratio has reduced from 76.9% to 10.3% 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: NYXH has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NYXH is forecast to have sufficient cash runway for 8 months based on free cash flow estimates, but has since raised additional capital.