Eevia Health Oyj Balance Sheet Health
Financial Health criteria checks 5/6
Eevia Health Oyj has a total shareholder equity of €4.1M and total debt of €799.0K, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are €5.9M and €1.8M respectively.
Key information
19.7%
Debt to equity ratio
€799.00k
Debt
Interest coverage ratio | n/a |
Cash | €138.00k |
Equity | €4.06m |
Total liabilities | €1.80m |
Total assets | €5.86m |
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 (€1.4M).
Long Term Liabilities: EEVIA's short term assets (€2.4M) exceed its long term liabilities (€418.0K).
Debt to Equity History and Analysis
Debt Level: EEVIA's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: EEVIA's debt to equity ratio has increased from 0% to 19.7% 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 EEVIA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EEVIA is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 127.1% per year.