Devernois Balance Sheet Health
Financial Health criteria checks 2/6
Devernois has a total shareholder equity of €10.7M and total debt of €508.1K, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are €28.6M and €17.9M respectively.
Key information
4.7%
Debt to equity ratio
€508.08k
Debt
| Interest coverage ratio | n/a |
| Cash | €2.81m |
| Equity | €10.74m |
| Total liabilities | €17.88m |
| Total assets | €28.62m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALDEV's short term assets (€8.4M) do not cover its short term liabilities (€8.6M).
Long Term Liabilities: ALDEV's short term assets (€8.4M) do not cover its long term liabilities (€9.3M).
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 15.9% to 4.7% 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.