Eevia Health Oyj Balance Sheet Health
Financial Health criteria checks 4/6
Eevia Health Oyj has a total shareholder equity of €2.5M and total debt of €1.3M, which brings its debt-to-equity ratio to 53.3%. Its total assets and total liabilities are €5.3M and €2.8M respectively.
Key information
53.3%
Debt to equity ratio
€1.34m
Debt
| Interest coverage ratio | n/a |
| Cash | €51.00k |
| Equity | €2.51m |
| Total liabilities | €2.83m |
| Total assets | €5.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EEVIA's short term assets (€2.4M) exceed its short term liabilities (€2.2M).
Long Term Liabilities: EEVIA's short term assets (€2.4M) exceed its long term liabilities (€612.0K).
Debt to Equity History and Analysis
Debt Level: EEVIA's net debt to equity ratio (51.3%) is considered high.
Reducing Debt: EEVIA's debt to equity ratio has increased from 0% to 53.3% 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: EEVIA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: EEVIA is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.