Labiana Health Balance Sheet Health
Financial Health criteria checks 3/6
Labiana Health has a total shareholder equity of €3.8M and total debt of €33.4M, which brings its debt-to-equity ratio to 885.5%. Its total assets and total liabilities are €50.9M and €47.1M respectively. Labiana Health's EBIT is €3.7M making its interest coverage ratio 0.9. It has cash and short-term investments of €4.1M.
Key information
885.5%
Debt to equity ratio
€33.39m
Debt
| Interest coverage ratio | 0.9x |
| Cash | €4.07m |
| Equity | €3.77m |
| Total liabilities | €47.10m |
| Total assets | €50.87m |
Financial Position Analysis
Short Term Liabilities: LAB's short term assets (€28.5M) exceed its short term liabilities (€21.6M).
Long Term Liabilities: LAB's short term assets (€28.5M) exceed its long term liabilities (€25.5M).
Debt to Equity History and Analysis
Debt Level: LAB's net debt to equity ratio (777.5%) 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 sufficient cash runway for more than a year 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.