Utenos Trikotazas Balance Sheet Health
Financial Health criteria checks 3/6
Utenos Trikotazas has a total shareholder equity of €2.1M and total debt of €6.5M, which brings its debt-to-equity ratio to 312.6%. Its total assets and total liabilities are €14.4M and €12.3M respectively.
Key information
312.6%
Debt to equity ratio
€6.52m
Debt
Interest coverage ratio | n/a |
Cash | €1.11m |
Equity | €2.09m |
Total liabilities | €12.35m |
Total assets | €14.43m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UD5's short term assets (€6.5M) do not cover its short term liabilities (€7.3M).
Long Term Liabilities: UD5's short term assets (€6.5M) exceed its long term liabilities (€5.0M).
Debt to Equity History and Analysis
Debt Level: UD5's net debt to equity ratio (259.4%) is considered high.
Reducing Debt: UD5's debt to equity ratio has increased from 40.3% to 312.6% 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: Whilst unprofitable UD5 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UD5 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.5% per year.