Illa Balance Sheet Health
Financial Health criteria checks 1/6
Illa has a total shareholder equity of €3.9M and total debt of €9.5M, which brings its debt-to-equity ratio to 247.5%. Its total assets and total liabilities are €26.0M and €22.1M respectively.
Key information
247.5%
Debt to equity ratio
€9.54m
Debt
Interest coverage ratio | n/a |
Cash | €6.76k |
Equity | €3.85m |
Total liabilities | €22.14m |
Total assets | €25.99m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ILLA's short term assets (€9.8M) do not cover its short term liabilities (€14.5M).
Long Term Liabilities: ILLA's short term assets (€9.8M) exceed its long term liabilities (€7.7M).
Debt to Equity History and Analysis
Debt Level: ILLA's net debt to equity ratio (247.3%) is considered high.
Reducing Debt: ILLA's debt to equity ratio has increased from 148.8% to 247.5% 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: Insufficient data to determine if ILLA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ILLA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.