UCapital24 Balance Sheet Health
Financial Health criteria checks 4/6
UCapital24 has a total shareholder equity of €2.4M and total debt of €246.8K, which brings its debt-to-equity ratio to 10.2%. Its total assets and total liabilities are €3.5M and €1.1M respectively.
Key information
10.2%
Debt to equity ratio
€246.79k
Debt
| Interest coverage ratio | n/a |
| Cash | €34.46k |
| Equity | €2.43m |
| Total liabilities | €1.11m |
| Total assets | €3.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: U24's short term assets (€1.4M) exceed its short term liabilities (€1.0M).
Long Term Liabilities: U24's short term assets (€1.4M) exceed its long term liabilities (€97.8K).
Debt to Equity History and Analysis
Debt Level: U24's net debt to equity ratio (8.8%) is considered satisfactory.
Reducing Debt: U24's debt to equity ratio has reduced from 11.2% to 10.2% 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: U24 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: U24 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 44.3% each year