Labiana Health Balance Sheet Health
Financial Health criteria checks 1/6
Labiana Health has a total shareholder equity of €3.4M and total debt of €40.2M, which brings its debt-to-equity ratio to 1180.3%. Its total assets and total liabilities are €59.1M and €55.7M respectively.
Key information
1,180.3%
Debt to equity ratio
€40.17m
Debt
| Interest coverage ratio | n/a |
| Cash | €2.96m |
| Equity | €3.40m |
| Total liabilities | €55.72m |
| Total assets | €59.12m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LAB's short term assets (€29.0M) exceed its short term liabilities (€24.7M).
Long Term Liabilities: LAB's short term assets (€29.0M) do not cover its long term liabilities (€31.0M).
Debt to Equity History and Analysis
Debt Level: LAB's net debt to equity ratio (1093.3%) is considered high.
Reducing Debt: Insufficient data to determine if LAB'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: LAB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LAB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.