S.C. Electroarges Balance Sheet Health
Financial Health criteria checks 2/6
S.C. Electroarges has a total shareholder equity of RON42.7M and total debt of RON10.5M, which brings its debt-to-equity ratio to 24.5%. Its total assets and total liabilities are RON99.1M and RON56.4M respectively.
Key information
24.5%
Debt to equity ratio
RON10.47m
Debt
Interest coverage ratio | n/a |
Cash | RON20.32k |
Equity | RON42.66m |
Total liabilities | RON56.40m |
Total assets | RON99.06m |
Financial Position Analysis
Short Term Liabilities: ELGS's short term assets (RON10.8M) do not cover its short term liabilities (RON50.7M).
Long Term Liabilities: ELGS's short term assets (RON10.8M) exceed its long term liabilities (RON5.7M).
Debt to Equity History and Analysis
Debt Level: ELGS's net debt to equity ratio (24.5%) is considered satisfactory.
Reducing Debt: ELGS's debt to equity ratio has increased from 13.1% to 24.5% 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: ELGS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ELGS has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.