Mentice Balance Sheet Health
Financial Health criteria checks 5/6
Mentice has a total shareholder equity of SEK135.6M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK299.0M and SEK163.4M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr57.51m |
| Equity | kr135.62m |
| Total liabilities | kr163.37m |
| Total assets | kr298.99m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MN2's short term assets (SEK156.0M) do not cover its short term liabilities (SEK162.2M).
Long Term Liabilities: MN2's short term assets (SEK156.0M) exceed its long term liabilities (SEK1.2M).
Debt to Equity History and Analysis
Debt Level: MN2 is debt free.
Reducing Debt: MN2 has not had any debt for 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: Whilst unprofitable MN2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MN2 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.7% per year.