Betolar Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Betolar Oyj has a total shareholder equity of €13.8M and total debt of €5.2M, which brings its debt-to-equity ratio to 37.6%. Its total assets and total liabilities are €21.2M and €7.4M respectively.
Key information
37.6%
Debt to equity ratio
€5.19m
Debt
Interest coverage ratio | n/a |
Cash | €14.31m |
Equity | €13.79m |
Total liabilities | €7.45m |
Total assets | €21.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BETOLAR's short term assets (€15.2M) exceed its short term liabilities (€2.0M).
Long Term Liabilities: BETOLAR's short term assets (€15.2M) 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BETOLAR has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 49.1% each year.