Carmat Balance Sheet Health
Financial Health criteria checks 4/6
Carmat has a total shareholder equity of €14.7M and total debt of €53.8M, which brings its debt-to-equity ratio to 366.3%. Its total assets and total liabilities are €81.0M and €66.3M respectively.
Key information
366.3%
Debt to equity ratio
€53.77m
Debt
Interest coverage ratio | n/a |
Cash | €47.37m |
Equity | €14.68m |
Total liabilities | €66.33m |
Total assets | €81.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CKMT.F's short term assets (€73.3M) exceed its short term liabilities (€12.7M).
Long Term Liabilities: CKMT.F's short term assets (€73.3M) exceed its long term liabilities (€53.6M).
Debt to Equity History and Analysis
Debt Level: CKMT.F's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: CKMT.F's debt to equity ratio has increased from 21.3% to 366.3% 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: CKMT.F has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CKMT.F has sufficient cash runway for 1.1 years if free cash flow continues to reduce at historical rates of 17.6% each year.