Elmo Rent Balance Sheet Health
Financial Health criteria checks 0/6
Elmo Rent has a total shareholder equity of €842.5K and total debt of €3.3M, which brings its debt-to-equity ratio to 388.8%. Its total assets and total liabilities are €4.9M and €4.0M respectively.
Key information
388.8%
Debt to equity ratio
€3.28m
Debt
Interest coverage ratio | n/a |
Cash | €41.97k |
Equity | €842.54k |
Total liabilities | €4.02m |
Total assets | €4.87m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ELMO's short term assets (€530.5K) do not cover its short term liabilities (€1.5M).
Long Term Liabilities: ELMO's short term assets (€530.5K) do not cover its long term liabilities (€2.5M).
Debt to Equity History and Analysis
Debt Level: ELMO's net debt to equity ratio (383.8%) is considered high.
Reducing Debt: Insufficient data to determine if ELMO'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 ELMO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ELMO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.