Absolicon Solar Collector Balance Sheet Health
Financial Health criteria checks 6/6
Absolicon Solar Collector has a total shareholder equity of SEK55.9M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK68.1M and SEK12.2M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 8.03m |
| Equity | SEK 55.89m |
| Total liabilities | SEK 12.21m |
| Total assets | SEK 68.10m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ZY0's short term assets (SEK29.3M) exceed its short term liabilities (SEK11.6M).
Long Term Liabilities: ZY0's short term assets (SEK29.3M) exceed its long term liabilities (SEK640.0K).
Debt to Equity History and Analysis
Debt Level: ZY0 is debt free.
Reducing Debt: ZY0 has no debt compared to 5 years ago when its debt to equity ratio was 0.1%.
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: ZY0 has sufficient cash runway for 5 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ZY0 is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.