Elaris Balance Sheet Health
Financial Health criteria checks 2/6
Elaris has a total shareholder equity of €3.8M and total debt of €7.6M, which brings its debt-to-equity ratio to 199.7%. Its total assets and total liabilities are €24.7M and €20.9M respectively.
Key information
199.7%
Debt to equity ratio
€7.62m
Debt
| Interest coverage ratio | n/a |
| Cash | €228.08k |
| Equity | €3.81m |
| Total liabilities | €20.94m |
| Total assets | €24.75m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ELS's short term assets (€23.6M) exceed its short term liabilities (€20.7M).
Long Term Liabilities: ELS's short term assets (€23.6M) exceed its long term liabilities (€234.5K).
Debt to Equity History and Analysis
Debt Level: ELS's net debt to equity ratio (193.8%) is considered high.
Reducing Debt: Insufficient data to determine if ELS's debt to equity ratio has reduced 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: Insufficient data to determine if ELS has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ELS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.