Directa Plus Balance Sheet Health
Financial Health criteria checks 3/6
Directa Plus has a total shareholder equity of €5.5M and total debt of €2.9M, which brings its debt-to-equity ratio to 52.9%. Its total assets and total liabilities are €12.2M and €6.7M respectively.
Key information
52.9%
Debt to equity ratio
€2.91m
Debt
| Interest coverage ratio | n/a |
| Cash | €927.42k |
| Equity | €5.50m |
| Total liabilities | €6.71m |
| Total assets | €12.21m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 88K's short term assets (€7.7M) exceed its short term liabilities (€5.1M).
Long Term Liabilities: 88K's short term assets (€7.7M) exceed its long term liabilities (€1.6M).
Debt to Equity History and Analysis
Debt Level: 88K's net debt to equity ratio (36.1%) is considered satisfactory.
Reducing Debt: 88K's debt to equity ratio has increased from 1.4% to 52.9% 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: 88K has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 88K has less than a year of cash runway if free cash flow continues to grow at historical rates of 0.6% each year.