ENGAGE XR Holdings Balance Sheet Health
Financial Health criteria checks 6/6
ENGAGE XR Holdings has a total shareholder equity of €8.5M and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €9.2M and €702.5K respectively.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | n/a |
Cash | €7.91m |
Equity | €8.53m |
Total liabilities | €702.51k |
Total assets | €9.23m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: EXR's short term assets (€9.1M) exceed its short term liabilities (€668.0K).
Long Term Liabilities: EXR's short term assets (€9.1M) exceed its long term liabilities (€34.5K).
Debt to Equity History and Analysis
Debt Level: EXR is debt free.
Reducing Debt: EXR had no debt 5 years ago.
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: EXR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EXR has sufficient cash runway for 1.8 years if free cash flow continues to reduce at historical rates of 19.8% each year.