Raen Balance Sheet Health
Financial Health criteria checks 4/6
Raen has a total shareholder equity of PLN8.6M and total debt of PLN2.1M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are PLN17.8M and PLN9.3M respectively.
Key information
24.0%
Debt to equity ratio
zł2.06m
Debt
| Interest coverage ratio | n/a |
| Cash | zł3.86m |
| Equity | zł8.56m |
| Total liabilities | zł9.28m |
| Total assets | zł17.84m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RAE's short term assets (PLN16.5M) exceed its short term liabilities (PLN7.7M).
Long Term Liabilities: RAE's short term assets (PLN16.5M) exceed its long term liabilities (PLN1.6M).
Debt to Equity History and Analysis
Debt Level: RAE has more cash than its total debt.
Reducing Debt: RAE's debt to equity ratio has reduced from 58.6% to 24% 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: RAE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if RAE has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.