Devo Energy Balance Sheet Health
Financial Health criteria checks 5/6
Devo Energy has a total shareholder equity of PLN3.9M and total debt of PLN639.0K, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are PLN4.6M and PLN639.0K respectively.
Key information
16.3%
Debt to equity ratio
zł639.00k
Debt
| Interest coverage ratio | n/a |
| Cash | zł1.85m |
| Equity | zł3.93m |
| Total liabilities | zł639.00k |
| Total assets | zł4.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EGY's short term assets (PLN2.9M) exceed its short term liabilities (PLN639.0K).
Long Term Liabilities: EGY has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EGY has more cash than its total debt.
Reducing Debt: EGY's debt to equity ratio has increased from 0% to 16.3% 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: EGY has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: EGY has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 40.6% each year.