Raize - Instituição de Pagamentos Balance Sheet Health
Financial Health criteria checks 4/6
Raize - Instituição de Pagamentos has a total shareholder equity of €423.8K and total debt of €154.4K, which brings its debt-to-equity ratio to 36.4%. Its total assets and total liabilities are €4.4M and €3.9M respectively. Raize - Instituição de Pagamentos's EBIT is €40.8K making its interest coverage ratio 2.8. It has cash and short-term investments of €3.3M.
Key information
36.4%
Debt to equity ratio
€154.35k
Debt
Interest coverage ratio | 2.8x |
Cash | €3.29m |
Equity | €423.78k |
Total liabilities | €3.93m |
Total assets | €4.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MLRZE's short term assets (€3.9M) exceed its short term liabilities (€671.8K).
Long Term Liabilities: MLRZE's short term assets (€3.9M) exceed its long term liabilities (€3.3M).
Debt to Equity History and Analysis
Debt Level: MLRZE has more cash than its total debt.
Reducing Debt: MLRZE's debt to equity ratio has increased from 3.1% to 36.4% over the past 5 years.
Debt Coverage: MLRZE's debt is well covered by operating cash flow (174.6%).
Interest Coverage: MLRZE's interest payments on its debt are not well covered by EBIT (2.8x coverage).