AS Rigas kugu buvetava Balance Sheet Health
Financial Health criteria checks 0/6
AS Rigas kugu buvetava has a total shareholder equity of €1.7M and total debt of €2.5M, which brings its debt-to-equity ratio to 149.7%. Its total assets and total liabilities are €6.9M and €5.2M respectively.
Key information
149.7%
Debt to equity ratio
€2.49m
Debt
| Interest coverage ratio | n/a |
| Cash | €15.65k |
| Equity | €1.67m |
| Total liabilities | €5.21m |
| Total assets | €6.88m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RKB1R's short term assets (€1.2M) do not cover its short term liabilities (€1.2M).
Long Term Liabilities: RKB1R's short term assets (€1.2M) do not cover its long term liabilities (€4.0M).
Debt to Equity History and Analysis
Debt Level: RKB1R's net debt to equity ratio (148.8%) is considered high.
Reducing Debt: RKB1R's debt to equity ratio has increased from 23.8% to 149.7% 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: RKB1R has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RKB1R has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.6% each year