Aeta Balance Sheet Health
Financial Health criteria checks 5/6
Aeta has a total shareholder equity of RON43.3M and total debt of RON5.7M, which brings its debt-to-equity ratio to 13.3%. Its total assets and total liabilities are RON95.8M and RON52.5M respectively.
Key information
13.3%
Debt to equity ratio
RON 5.74m
Debt
| Interest coverage ratio | n/a |
| Cash | RON 2.10m |
| Equity | RON 43.31m |
| Total liabilities | RON 52.49m |
| Total assets | RON 95.79m |
Financial Position Analysis
Short Term Liabilities: ELGS's short term assets (RON14.0M) do not cover its short term liabilities (RON47.0M).
Long Term Liabilities: ELGS's short term assets (RON14.0M) exceed its long term liabilities (RON5.5M).
Debt to Equity History and Analysis
Debt Level: ELGS's net debt to equity ratio (8.4%) is considered satisfactory.
Reducing Debt: ELGS's debt to equity ratio has reduced from 17% to 13.3% 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: Whilst unprofitable ELGS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ELGS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 6.3% per year.