Risanamento Balance Sheet Health
Financial Health criteria checks 6/6
Risanamento has a total shareholder equity of €58.6M and total debt of €394.0K, which brings its debt-to-equity ratio to 0.7%. Its total assets and total liabilities are €179.9M and €121.2M respectively. Risanamento's EBIT is €47.0K making its interest coverage ratio 0. It has cash and short-term investments of €55.9M.
Key information
0.7%
Debt to equity ratio
€394.00k
Debt
| Interest coverage ratio | 0.009x |
| Cash | €55.85m |
| Equity | €58.63m |
| Total liabilities | €121.22m |
| Total assets | €179.85m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: RNM's short term assets (€170.4M) exceed its short term liabilities (€67.3M).
Long Term Liabilities: RNM's short term assets (€170.4M) exceed its long term liabilities (€53.9M).
Debt to Equity History and Analysis
Debt Level: RNM has more cash than its total debt.
Reducing Debt: RNM's debt to equity ratio has reduced from 296% to 0.7% 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: Whilst unprofitable RNM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: RNM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 5.8% per year.