029 Group Balance Sheet Health
Financial Health criteria checks 2/6
029 Group has a total shareholder equity of €15.7M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €17.3M and €1.7M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €10.82k |
Equity | €15.66m |
Total liabilities | €1.68m |
Total assets | €17.34m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: MDV's short term assets (€22.8K) do not cover its short term liabilities (€278.9K).
Long Term Liabilities: MDV's short term assets (€22.8K) do not cover its long term liabilities (€1.4M).
Debt to Equity History and Analysis
Debt Level: MDV is debt free.
Reducing Debt: MDV had no debt 5 years ago.
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: MDV has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MDV has less than a year of cash runway if free cash flow continues to reduce at historical rates of 57.1% each year