e-Novia Balance Sheet Health
Financial Health criteria checks 0/6
e-Novia has a total shareholder equity of €5.9M and total debt of €19.0M, which brings its debt-to-equity ratio to 324.4%. Its total assets and total liabilities are €36.3M and €30.4M respectively.
Key information
324.4%
Debt to equity ratio
€19.00m
Debt
| Interest coverage ratio | n/a |
| Cash | €4.63m |
| Equity | €5.86m |
| Total liabilities | €30.43m |
| Total assets | €36.28m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: E9IA's short term assets (€13.5M) do not cover its short term liabilities (€15.7M).
Long Term Liabilities: E9IA's short term assets (€13.5M) do not cover its long term liabilities (€14.8M).
Debt to Equity History and Analysis
Debt Level: E9IA's net debt to equity ratio (245.4%) 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 grow at historical rates of 0.3% each year.