2invest Balance Sheet Health
Financial Health criteria checks 6/6
2invest has a total shareholder equity of €61.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €62.0M and €496.0K respectively. 2invest's EBIT is €8.5M making its interest coverage ratio -5.2. It has cash and short-term investments of €11.8M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | -5.2x |
| Cash | €11.78m |
| Equity | €61.52m |
| Total liabilities | €496.00k |
| Total assets | €62.02m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: 2INV's short term assets (€12.5M) exceed its short term liabilities (€246.0K).
Long Term Liabilities: 2INV's short term assets (€12.5M) exceed its long term liabilities (€250.0K).
Debt to Equity History and Analysis
Debt Level: 2INV is debt free.
Reducing Debt: 2INV has no debt compared to 5 years ago when its debt to equity ratio was 18.3%.
Debt Coverage: 2INV has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 2INV has no debt, therefore coverage of interest payments is not a concern.