Robit Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Robit Oyj has a total shareholder equity of €46.2M and total debt of €27.1M, which brings its debt-to-equity ratio to 58.8%. Its total assets and total liabilities are €93.9M and €47.7M respectively. Robit Oyj's EBIT is €3.9M making its interest coverage ratio 1.7. It has cash and short-term investments of €13.3M.
Key information
58.8%
Debt to equity ratio
€27.12m
Debt
Interest coverage ratio | 1.7x |
Cash | €13.32m |
Equity | €46.16m |
Total liabilities | €47.72m |
Total assets | €93.88m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RO3's short term assets (€67.8M) exceed its short term liabilities (€22.0M).
Long Term Liabilities: RO3's short term assets (€67.8M) exceed its long term liabilities (€25.7M).
Debt to Equity History and Analysis
Debt Level: RO3's net debt to equity ratio (29.9%) is considered satisfactory.
Reducing Debt: RO3's debt to equity ratio has reduced from 59% to 58.8% 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 RO3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RO3 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.