Everfuel Balance Sheet Health
Financial Health criteria checks 2/6
Everfuel has a total shareholder equity of €64.6M and total debt of €20.3M, which brings its debt-to-equity ratio to 31.5%. Its total assets and total liabilities are €101.4M and €36.9M respectively.
Key information
31.5%
Debt to equity ratio
€20.34m
Debt
| Interest coverage ratio | n/a |
| Cash | €13.14m |
| Equity | €64.56m |
| Total liabilities | €36.86m |
| Total assets | €101.42m |
Financial Position Analysis
Short Term Liabilities: EFUEL's short term assets (€21.0M) do not cover its short term liabilities (€33.9M).
Long Term Liabilities: EFUEL's short term assets (€21.0M) exceed its long term liabilities (€3.0M).
Debt to Equity History and Analysis
Debt Level: EFUEL's net debt to equity ratio (11.2%) is considered satisfactory.
Reducing Debt: EFUEL's debt to equity ratio has increased from 0% to 31.5% 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: EFUEL has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EFUEL has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.9% each year