e-Novia Balance Sheet Health
Financial Health criteria checks 2/6
e-Novia has a total shareholder equity of €10.9M and total debt of €20.1M, which brings its debt-to-equity ratio to 184.1%. Its total assets and total liabilities are €42.5M and €31.6M respectively.
Key information
184.1%
Debt to equity ratio
€20.14m
Debt
Interest coverage ratio | n/a |
Cash | €8.53m |
Equity | €10.94m |
Total liabilities | €31.59m |
Total assets | €42.53m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: E9IA's short term assets (€19.9M) exceed its short term liabilities (€13.0M).
Long Term Liabilities: E9IA's short term assets (€19.9M) exceed its long term liabilities (€18.6M).
Debt to Equity History and Analysis
Debt Level: E9IA's net debt to equity ratio (106.1%) is considered high.
Reducing Debt: Insufficient data to determine if E9IA's debt to equity ratio has reduced 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: E9IA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: E9IA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 23.3% each year