Mare Nostrum Balance Sheet Health
Financial Health criteria checks 2/6
Mare Nostrum has a total shareholder equity of €-8.3M and total debt of €21.0M, which brings its debt-to-equity ratio to -252.7%. Its total assets and total liabilities are €79.6M and €88.0M respectively.
Key information
-252.7%
Debt to equity ratio
€21.04m
Debt
| Interest coverage ratio | n/a |
| Cash | €16.71m |
| Equity | -€8.33m |
| Total liabilities | €87.96m |
| Total assets | €79.64m |
Recent financial health updates
Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?
Oct 17
Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt Burden
Jun 18Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?
Jun 02Recent updates
Is Mare Nostrum (EPA:ALMAR) Using Too Much Debt?
Oct 17Mare Nostrum Société anonyme (EPA:ALMAR) Is Reinvesting At Lower Rates Of Return
Mar 16Here's What's Concerning About Mare Nostrum Société anonyme's (EPA:ALMAR) Returns On Capital
Nov 30Here's Why Mare Nostrum Société anonyme (EPA:ALMAR) Has A Meaningful Debt Burden
Jun 18Does Mare Nostrum Société anonyme (EPA:ALMAR) Have A Healthy Balance Sheet?
Jun 02Taking A Look At Mare Nostrum Société anonyme's (EPA:ALMAR) ROE
Nov 17Financial Position Analysis
Short Term Liabilities: ALMAR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: ALMAR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: ALMAR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: ALMAR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: Whilst unprofitable ALMAR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ALMAR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 49.6% per year.