elumeo Balance Sheet Health
Financial Health criteria checks 4/6
elumeo has a total shareholder equity of €7.2M and total debt of €1.8M, which brings its debt-to-equity ratio to 25.6%. Its total assets and total liabilities are €23.4M and €16.2M respectively.
Key information
25.6%
Debt to equity ratio
€1.84m
Debt
| Interest coverage ratio | n/a |
| Cash | €1.07m |
| Equity | €7.18m |
| Total liabilities | €16.21m |
| Total assets | €23.39m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELB's short term assets (€19.6M) exceed its short term liabilities (€14.0M).
Long Term Liabilities: ELB's short term assets (€19.6M) exceed its long term liabilities (€2.2M).
Debt to Equity History and Analysis
Debt Level: ELB's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: ELB's debt to equity ratio has increased from 20.8% to 25.6% 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: ELB has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ELB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.