EV Digital Invest Balance Sheet Health
Financial Health criteria checks 3/6
EV Digital Invest has a total shareholder equity of €2.4M and total debt of €500.0K, which brings its debt-to-equity ratio to 21.2%. Its total assets and total liabilities are €4.3M and €1.9M respectively.
Key information
21.2%
Debt to equity ratio
€500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | €1.39m |
| Equity | €2.36m |
| Total liabilities | €1.93m |
| Total assets | €4.30m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENGL's short term assets (€2.7M) exceed its short term liabilities (€725.9K).
Long Term Liabilities: ENGL's short term assets (€2.7M) exceed its long term liabilities (€1.2M).
Debt to Equity History and Analysis
Debt Level: ENGL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if ENGL's debt to equity ratio has reduced 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: ENGL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ENGL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year