Basware Oyj Balance Sheet Health
Financial Health criteria checks 3/6
Basware Oyj has a total shareholder equity of €68.0M and total debt of €71.2M, which brings its debt-to-equity ratio to 104.6%. Its total assets and total liabilities are €221.2M and €153.1M respectively. Basware Oyj's EBIT is €8.6M making its interest coverage ratio 0.5. It has cash and short-term investments of €28.8M.
Key information
104.6%
Debt to equity ratio
€71.17m
Debt
Interest coverage ratio | 0.5x |
Cash | €28.76m |
Equity | €68.02m |
Total liabilities | €153.14m |
Total assets | €221.16m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BAS1VH's short term assets (€67.9M) exceed its short term liabilities (€65.9M).
Long Term Liabilities: BAS1VH's short term assets (€67.9M) do not cover its long term liabilities (€87.3M).
Debt to Equity History and Analysis
Debt Level: BAS1VH's net debt to equity ratio (62.4%) is considered high.
Reducing Debt: BAS1VH's debt to equity ratio has increased from 33.6% to 104.6% 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 BAS1VH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BAS1VH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.2% per year.