Neolife Balance Sheet Health
Financial Health criteria checks 4/6
Neolife has a total shareholder equity of €4.3M and total debt of €1.5M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are €7.3M and €3.0M respectively.
Key information
34.1%
Debt to equity ratio
€1.47m
Debt
Interest coverage ratio | n/a |
Cash | €1.05m |
Equity | €4.30m |
Total liabilities | €3.04m |
Total assets | €7.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JB's short term assets (€3.6M) exceed its short term liabilities (€2.3M).
Long Term Liabilities: 8JB's short term assets (€3.6M) exceed its long term liabilities (€766.8K).
Debt to Equity History and Analysis
Debt Level: 8JB's net debt to equity ratio (9.8%) is considered satisfactory.
Reducing Debt: 8JB's debt to equity ratio has reduced from 66.1% to 34.1% 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 8JB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8JB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.