Euglena Balance Sheet Health
Financial Health criteria checks 2/6
Euglena has a total shareholder equity of ¥20.2B and total debt of ¥25.1B, which brings its debt-to-equity ratio to 124%. Its total assets and total liabilities are ¥59.6B and ¥39.4B respectively.
Key information
124.0%
Debt to equity ratio
JP¥25.06b
Debt
Interest coverage ratio | n/a |
Cash | JP¥15.79b |
Equity | JP¥20.21b |
Total liabilities | JP¥39.41b |
Total assets | JP¥59.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8EG's short term assets (¥24.4B) exceed its short term liabilities (¥12.3B).
Long Term Liabilities: 8EG's short term assets (¥24.4B) do not cover its long term liabilities (¥27.1B).
Debt to Equity History and Analysis
Debt Level: 8EG's net debt to equity ratio (45.9%) is considered high.
Reducing Debt: 8EG's debt to equity ratio has increased from 28.3% to 124% 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: 8EG has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 8EG has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.