Rolandos Enterprises Balance Sheet Health
Financial Health criteria checks 6/6
Rolandos Enterprises has a total shareholder equity of €3.5M and total debt of €31.1K, which brings its debt-to-equity ratio to 0.9%. Its total assets and total liabilities are €4.9M and €1.4M respectively.
Key information
0.9%
Debt to equity ratio
€31.11k
Debt
Interest coverage ratio | n/a |
Cash | €513.08k |
Equity | €3.49m |
Total liabilities | €1.43m |
Total assets | €4.92m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROL's short term assets (€2.0M) exceed its short term liabilities (€1.2M).
Long Term Liabilities: ROL's short term assets (€2.0M) exceed its long term liabilities (€194.1K).
Debt to Equity History and Analysis
Debt Level: ROL has more cash than its total debt.
Reducing Debt: ROL's debt to equity ratio has reduced from 2.6% to 0.9% 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 ROL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 53.2% per year.