Aeta Balance Sheet Health
Financial Health criteria checks 5/6
Aeta has a total shareholder equity of RON42.6M and total debt of RON4.7M, which brings its debt-to-equity ratio to 11.1%. Its total assets and total liabilities are RON101.3M and RON58.7M respectively.
Key information
11.1%
Debt to equity ratio
RON 4.71m
Debt
| Interest coverage ratio | n/a |
| Cash | RON 150.06k |
| Equity | RON 42.59m |
| Total liabilities | RON 58.71m |
| Total assets | RON 101.30m |
Financial Position Analysis
Short Term Liabilities: ELGS's short term assets (RON16.7M) do not cover its short term liabilities (RON53.4M).
Long Term Liabilities: ELGS's short term assets (RON16.7M) exceed its long term liabilities (RON5.3M).
Debt to Equity History and Analysis
Debt Level: ELGS's net debt to equity ratio (10.7%) is considered satisfactory.
Reducing Debt: ELGS's debt to equity ratio has reduced from 21.7% to 11.1% 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 15.5% per year.