Obiz Balance Sheet Health
Financial Health criteria checks 2/6
Obiz has a total shareholder equity of €14.8M and total debt of €18.3M, which brings its debt-to-equity ratio to 123.7%. Its total assets and total liabilities are €48.6M and €33.8M respectively. Obiz's EBIT is €1.1M making its interest coverage ratio 2.2. It has cash and short-term investments of €9.7M.
Key information
123.7%
Debt to equity ratio
€18.34m
Debt
| Interest coverage ratio | 2.2x |
| Cash | €9.65m |
| Equity | €14.82m |
| Total liabilities | €33.79m |
| Total assets | €48.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2GD's short term assets (€25.2M) exceed its short term liabilities (€15.9M).
Long Term Liabilities: 2GD's short term assets (€25.2M) exceed its long term liabilities (€17.9M).
Debt to Equity History and Analysis
Debt Level: 2GD's net debt to equity ratio (58.6%) is considered high.
Reducing Debt: Insufficient data to determine if 2GD'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: Insufficient data to determine if 2GD has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 2GD has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.