Arctic Minerals Balance Sheet Health
Financial Health criteria checks 3/6
Arctic Minerals has a total shareholder equity of SEK48.7M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK57.4M and SEK8.7M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr4.61m |
Equity | kr48.68m |
Total liabilities | kr8.72m |
Total assets | kr57.40m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9QY's short term assets (SEK4.8M) exceed its short term liabilities (SEK695.0K).
Long Term Liabilities: 9QY's short term assets (SEK4.8M) do not cover its long term liabilities (SEK8.0M).
Debt to Equity History and Analysis
Debt Level: 9QY is debt free.
Reducing Debt: 9QY had no debt 5 years ago.
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: 9QY has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9QY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.3% each year