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Enedo Oyj Balance Sheet Health
Financial Health criteria checks 1/6
Enedo Oyj has a total shareholder equity of €3.3M and total debt of €10.0M, which brings its debt-to-equity ratio to 303.2%. Its total assets and total liabilities are €29.7M and €26.4M respectively. Enedo Oyj's EBIT is €265.0K making its interest coverage ratio 0.2. It has cash and short-term investments of €1.0M.
Key information
303.2%
Debt to equity ratio
€10.00m
Debt
| Interest coverage ratio | 0.2x |
| Cash | €1.04m |
| Equity | €3.30m |
| Total liabilities | €26.36m |
| Total assets | €29.66m |
Recent financial health updates
Recent updates
Is Enedo Oyj (HEL:ENEDO) Using Debt Sensibly?
Feb 21
One Enedo Oyj (HEL:ENEDO) Analyst Just Made A Major Cut To Next Year's Estimates
Aug 18Estimating The Intrinsic Value Of Enedo Oyj (HEL:ENEDO)
Aug 17Enedo Oyj's (HEL:ENEDO) Path To Profitability
Apr 28A Look At The Intrinsic Value Of Enedo Oyj (HEL:ENEDO)
Jan 06Financial Position Analysis
Short Term Liabilities: ENEDO's short term assets (€16.2M) do not cover its short term liabilities (€21.9M).
Long Term Liabilities: ENEDO's short term assets (€16.2M) exceed its long term liabilities (€4.4M).
Debt to Equity History and Analysis
Debt Level: ENEDO's net debt to equity ratio (271.6%) is considered high.
Reducing Debt: ENEDO's debt to equity ratio has increased from 179.6% to 303.2% 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: ENEDO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ENEDO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 6.2% each year