Largo Balance Sheet Health
Financial Health criteria checks 5/6
Largo has a total shareholder equity of €3.7M and total debt of €3.8M, which brings its debt-to-equity ratio to 104.4%. Its total assets and total liabilities are €12.2M and €8.5M respectively.
Key information
104.4%
Debt to equity ratio
€3.85m
Debt
Interest coverage ratio | n/a |
Cash | €3.18m |
Equity | €3.69m |
Total liabilities | €8.52m |
Total assets | €12.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALLGO's short term assets (€10.5M) exceed its short term liabilities (€5.2M).
Long Term Liabilities: ALLGO's short term assets (€10.5M) exceed its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: ALLGO's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: ALLGO's debt to equity ratio has reduced from 350.2% to 104.4% 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: ALLGO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ALLGO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.5% each year