Ease2pay Balance Sheet Health
Financial Health criteria checks 6/6
Ease2pay has a total shareholder equity of €6.9M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €9.7M and €2.8M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €2.67m |
Equity | €6.86m |
Total liabilities | €2.80m |
Total assets | €9.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOC2's short term assets (€5.0M) exceed its short term liabilities (€2.3M).
Long Term Liabilities: DOC2's short term assets (€5.0M) exceed its long term liabilities (€463.0K).
Debt to Equity History and Analysis
Debt Level: DOC2 is debt free.
Reducing Debt: DOC2 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: DOC2 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: DOC2 has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 20.6% each year