Biofrigas Sweden Balance Sheet Health
Financial Health criteria checks 3/6
Biofrigas Sweden has a total shareholder equity of SEK18.2M and total debt of SEK510.0K, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are SEK28.8M and SEK10.6M respectively.
Key information
2.8%
Debt to equity ratio
SEK 510.00k
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 5.03m |
| Equity | SEK 18.19m |
| Total liabilities | SEK 10.64m |
| Total assets | SEK 28.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1IO's short term assets (SEK9.2M) do not cover its short term liabilities (SEK10.1M).
Long Term Liabilities: 1IO's short term assets (SEK9.2M) exceed its long term liabilities (SEK510.0K).
Debt to Equity History and Analysis
Debt Level: 1IO has more cash than its total debt.
Reducing Debt: 1IO's debt to equity ratio has reduced from 20% to 2.8% 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: 1IO has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 1IO has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.6% each year