Aiforia Technologies Oyj Balance Sheet Health
Financial Health criteria checks 6/6
Aiforia Technologies Oyj has a total shareholder equity of €21.8M and total debt of €6.0M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are €33.7M and €11.8M respectively.
Key information
27.7%
Debt to equity ratio
€6.05m
Debt
| Interest coverage ratio | n/a |
| Cash | €17.92m |
| Equity | €21.84m |
| Total liabilities | €11.81m |
| Total assets | €33.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L6J's short term assets (€19.3M) exceed its short term liabilities (€4.2M).
Long Term Liabilities: L6J's short term assets (€19.3M) exceed its long term liabilities (€7.6M).
Debt to Equity History and Analysis
Debt Level: L6J has more cash than its total debt.
Reducing Debt: L6J's debt to equity ratio has reduced from 84.7% to 27.7% 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: L6J has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: L6J has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 29.9% each year.