Modulight Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Modulight Oyj has a total shareholder equity of €55.7M and total debt of €6.5M, which brings its debt-to-equity ratio to 11.7%. Its total assets and total liabilities are €64.0M and €8.2M respectively.
Key information
11.7%
Debt to equity ratio
€6.55m
Debt
Interest coverage ratio | n/a |
Cash | €25.13m |
Equity | €55.73m |
Total liabilities | €8.24m |
Total assets | €63.96m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MODU's short term assets (€30.2M) exceed its short term liabilities (€3.7M).
Long Term Liabilities: MODU's short term assets (€30.2M) exceed its long term liabilities (€4.5M).
Debt to Equity History and Analysis
Debt Level: MODU has more cash than its total debt.
Reducing Debt: Insufficient data to determine if MODU'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: MODU has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MODU has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 41.1% each year