Devernois Balance Sheet Health
Financial Health criteria checks 4/6
Devernois has a total shareholder equity of €12.5M and total debt of €512.6K, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are €29.9M and €17.4M respectively.
Key information
4.1%
Debt to equity ratio
€512.60k
Debt
Interest coverage ratio | n/a |
Cash | €3.07m |
Equity | €12.49m |
Total liabilities | €17.40m |
Total assets | €29.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALDEV's short term assets (€10.4M) exceed its short term liabilities (€8.7M).
Long Term Liabilities: ALDEV's short term assets (€10.4M) exceed its long term liabilities (€8.7M).
Debt to Equity History and Analysis
Debt Level: ALDEV has more cash than its total debt.
Reducing Debt: ALDEV's debt to equity ratio has reduced from 12.9% to 4.1% 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: Insufficient data to determine if ALDEV has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ALDEV has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.