Chordate Medical Holding Balance Sheet Health
Financial Health criteria checks 3/6
Chordate Medical Holding has a total shareholder equity of SEK15.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK18.3M and SEK3.3M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 4.46m |
| Equity | SEK 14.99m |
| Total liabilities | SEK 3.34m |
| Total assets | SEK 18.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: K1Z0's short term assets (SEK7.9M) exceed its short term liabilities (SEK3.3M).
Long Term Liabilities: K1Z0's short term assets (SEK7.9M) do not cover its long term liabilities (SEK-1.0).
Debt to Equity History and Analysis
Debt Level: K1Z0 is debt free.
Reducing Debt: K1Z0 has no debt compared to 5 years ago when its debt to equity ratio was 37%.
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: K1Z0 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: K1Z0 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9% each year