EVE Health Group Balance Sheet Health
Financial Health criteria checks 4/6
EVE Health Group has a total shareholder equity of A$2.2M and total debt of A$339.1K, which brings its debt-to-equity ratio to 15.6%. Its total assets and total liabilities are A$3.7M and A$1.5M respectively.
Key information
15.6%
Debt to equity ratio
AU$339.07k
Debt
Interest coverage ratio | n/a |
Cash | AU$112.06k |
Equity | AU$2.18m |
Total liabilities | AU$1.51m |
Total assets | AU$3.69m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: EVE's short term assets (A$3.7M) exceed its short term liabilities (A$1.5M).
Long Term Liabilities: EVE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EVE's net debt to equity ratio (10.4%) is considered satisfactory.
Reducing Debt: EVE's debt to equity ratio has reduced from 16.4% to 15.6% 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: EVE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EVE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 14.7% each year