Chordate Medical Holding Balance Sheet Health
Financial Health criteria checks 3/6
Chordate Medical Holding has a total shareholder equity of SEK27.7M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK34.5M and SEK6.7M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | n/a |
Cash | SEK 20.44m |
Equity | SEK 27.74m |
Total liabilities | SEK 6.74m |
Total assets | SEK 34.48m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K1Z's short term assets (SEK25.1M) exceed its short term liabilities (SEK6.7M).
Long Term Liabilities: K1Z's short term assets (SEK25.1M) do not cover its long term liabilities (SEK-1.0).
Debt to Equity History and Analysis
Debt Level: K1Z is debt free.
Reducing Debt: K1Z has no debt compared to 5 years ago when its debt to equity ratio was 43.4%.
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: K1Z has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: K1Z has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.9% each year