Eko-Oze Balance Sheet Health
Financial Health criteria checks 4/6
Eko-Oze has a total shareholder equity of PLN2.3M and total debt of PLN45.0K, which brings its debt-to-equity ratio to 2%. Its total assets and total liabilities are PLN2.4M and PLN131.8K respectively. Eko-Oze's EBIT is PLN79.6K making its interest coverage ratio -0.1. It has cash and short-term investments of PLN120.0.
Key information
2.0%
Debt to equity ratio
zł45.04k
Debt
| Interest coverage ratio | -0.1x |
| Cash | zł120.00 |
| Equity | zł2.31m |
| Total liabilities | zł131.81k |
| Total assets | zł2.44m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EKE's short term assets (PLN156.8K) exceed its short term liabilities (PLN131.8K).
Long Term Liabilities: EKE has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: EKE's net debt to equity ratio (1.9%) is considered satisfactory.
Reducing Debt: EKE had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: EKE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EKE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.7% each year