Betolar Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Betolar Oyj has a total shareholder equity of €9.2M and total debt of €5.4M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are €16.9M and €7.7M respectively.
Key information
58.2%
Debt to equity ratio
€5.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €9.98m |
| Equity | €9.23m |
| Total liabilities | €7.70m |
| Total assets | €16.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BETOLAR's short term assets (€11.0M) exceed its short term liabilities (€2.3M).
Long Term Liabilities: BETOLAR's short term assets (€11.0M) exceed its long term liabilities (€5.4M).
Debt to Equity History and Analysis
Debt Level: BETOLAR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if BETOLAR'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: BETOLAR has sufficient cash runway for 11 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: BETOLAR has sufficient cash runway for 2.8 years if free cash flow continues to reduce at historical rates of 33.9% each year.