Betolar Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Betolar Oyj has a total shareholder equity of €26.6M and total debt of €2.5M, which brings its debt-to-equity ratio to 9.5%. Its total assets and total liabilities are €31.9M and €5.4M respectively.
Key information
9.5%
Debt to equity ratio
€2.52m
Debt
| Interest coverage ratio | n/a |
| Cash | €26.62m |
| Equity | €26.58m |
| Total liabilities | €5.37m |
| Total assets | €31.95m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: L9L's short term assets (€27.3M) exceed its short term liabilities (€2.6M).
Long Term Liabilities: L9L's short term assets (€27.3M) exceed its long term liabilities (€2.8M).
Debt to Equity History and Analysis
Debt Level: L9L has more cash than its total debt.
Reducing Debt: Insufficient data to determine if L9L'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: L9L has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: L9L has sufficient cash runway for 1.5 years if free cash flow continues to reduce at historical rates of 72.8% each year.