Clinical Laserthermia Systems Balance Sheet Health
Financial Health criteria checks 4/6
Clinical Laserthermia Systems has a total shareholder equity of SEK47.8M and total debt of SEK1.4M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are SEK59.2M and SEK11.4M respectively.
Key information
3.0%
Debt to equity ratio
SEK 1.43m
Debt
Interest coverage ratio | n/a |
Cash | SEK 15.65m |
Equity | SEK 47.79m |
Total liabilities | SEK 11.38m |
Total assets | SEK 59.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LS60's short term assets (SEK28.5M) exceed its short term liabilities (SEK11.2M).
Long Term Liabilities: LS60's short term assets (SEK28.5M) exceed its long term liabilities (SEK223.0K).
Debt to Equity History and Analysis
Debt Level: LS60 has more cash than its total debt.
Reducing Debt: LS60's debt to equity ratio has reduced from 3.2% to 3% 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: LS60 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LS60 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.9% each year