Avemio Balance Sheet Health
Financial Health criteria checks 2/6
Avemio has a total shareholder equity of €23.6M and total debt of €14.4M, which brings its debt-to-equity ratio to 60.9%. Its total assets and total liabilities are €53.4M and €29.8M respectively.
Key information
60.9%
Debt to equity ratio
€14.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.77m |
| Equity | €23.61m |
| Total liabilities | €29.76m |
| Total assets | €53.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 3D6's short term assets (€29.8M) exceed its short term liabilities (€14.6M).
Long Term Liabilities: 3D6's short term assets (€29.8M) exceed its long term liabilities (€15.2M).
Debt to Equity History and Analysis
Debt Level: 3D6's net debt to equity ratio (49.1%) is considered high.
Reducing Debt: 3D6's debt to equity ratio has increased from 0% to 60.9% 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: Insufficient data to determine if 3D6 has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 3D6 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.