Ordissimo Balance Sheet Health
Financial Health criteria checks 5/6
Ordissimo has a total shareholder equity of €4.8M and total debt of €1.2M, which brings its debt-to-equity ratio to 26.3%. Its total assets and total liabilities are €9.0M and €4.3M respectively.
Key information
26.3%
Debt to equity ratio
€1.25m
Debt
Interest coverage ratio | n/a |
Cash | €568.42k |
Equity | €4.76m |
Total liabilities | €4.27m |
Total assets | €9.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7LK's short term assets (€4.1M) exceed its short term liabilities (€2.5M).
Long Term Liabilities: 7LK's short term assets (€4.1M) exceed its long term liabilities (€1.8M).
Debt to Equity History and Analysis
Debt Level: 7LK's net debt to equity ratio (14.3%) is considered satisfactory.
Reducing Debt: 7LK's debt to equity ratio has increased from 5.2% to 26.3% 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: Whilst unprofitable 7LK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 7LK is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.9% per year.