Ease2pay Balance Sheet Health
Financial Health criteria checks 6/6
Ease2pay has a total shareholder equity of €6.3M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €8.8M and €2.5M respectively.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | n/a |
| Cash | €2.43m |
| Equity | €6.35m |
| Total liabilities | €2.47m |
| Total assets | €8.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: DOC2's short term assets (€4.5M) exceed its short term liabilities (€2.1M).
Long Term Liabilities: DOC2's short term assets (€4.5M) exceed its long term liabilities (€410.0K).
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 12.2% each year