VITA 34 Balance Sheet Health
Financial Health criteria checks 4/6
VITA 34 has a total shareholder equity of €22.1M and total debt of €4.7M, which brings its debt-to-equity ratio to 21.4%. Its total assets and total liabilities are €157.6M and €135.6M respectively.
Key information
21.4%
Debt to equity ratio
€4.71m
Debt
| Interest coverage ratio | n/a |
| Cash | €14.44m |
| Equity | €22.07m |
| Total liabilities | €135.58m |
| Total assets | €157.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0NLV's short term assets (€37.9M) do not cover its short term liabilities (€53.1M).
Long Term Liabilities: 0NLV's short term assets (€37.9M) do not cover its long term liabilities (€82.5M).
Debt to Equity History and Analysis
Debt Level: 0NLV has more cash than its total debt.
Reducing Debt: 0NLV's debt to equity ratio has reduced from 22.6% to 21.4% 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: Whilst unprofitable 0NLV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0NLV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 24.4% per year.