European Green Transition Balance Sheet Health
Financial Health criteria checks 6/6
European Green Transition has a total shareholder equity of £6.2M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £6.7M and £420.1K respectively.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | n/a |
| Cash | UK£4.88m |
| Equity | UK£6.25m |
| Total liabilities | UK£420.09k |
| Total assets | UK£6.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: Y8N's short term assets (£5.0M) exceed its short term liabilities (£420.1K).
Long Term Liabilities: Y8N has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: Y8N is debt free.
Reducing Debt: Y8N 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: Y8N has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: Y8N has sufficient cash runway for 2 years if free cash flow continues to reduce at historical rates of 81.9% each year.