Clean Motion Balance Sheet Health
Financial Health criteria checks 4/6
Clean Motion has a total shareholder equity of SEK40.5M and total debt of SEK2.0M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are SEK49.1M and SEK8.6M respectively.
Key information
4.9%
Debt to equity ratio
kr1.99m
Debt
| Interest coverage ratio | n/a |
| Cash | kr871.00k |
| Equity | kr40.51m |
| Total liabilities | kr8.63m |
| Total assets | kr49.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 66M's short term assets (SEK7.7M) exceed its short term liabilities (SEK6.6M).
Long Term Liabilities: 66M's short term assets (SEK7.7M) exceed its long term liabilities (SEK2.0M).
Debt to Equity History and Analysis
Debt Level: 66M's net debt to equity ratio (2.8%) is considered satisfactory.
Reducing Debt: 66M's debt to equity ratio has reduced from 103.6% to 4.9% 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: 66M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 66M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 73% each year