Vaxxa Balance Sheet Health
Financial Health criteria checks 4/6
Vaxxa has a total shareholder equity of SEK17.5M and total debt of SEK540.0K, which brings its debt-to-equity ratio to 3.1%. Its total assets and total liabilities are SEK24.1M and SEK6.6M respectively. Vaxxa's EBIT is SEK390.0K making its interest coverage ratio -13. It has cash and short-term investments of SEK7.6M.
Key information
3.1%
Debt to equity ratio
SEK 540.00k
Debt
| Interest coverage ratio | -13x |
| Cash | SEK 7.63m |
| Equity | SEK 17.48m |
| Total liabilities | SEK 6.64m |
| Total assets | SEK 24.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7WA0's short term assets (SEK13.0M) exceed its short term liabilities (SEK6.1M).
Long Term Liabilities: 7WA0's short term assets (SEK13.0M) exceed its long term liabilities (SEK540.0K).
Debt to Equity History and Analysis
Debt Level: 7WA0 has more cash than its total debt.
Reducing Debt: 7WA0's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
Debt Coverage: 7WA0's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 7WA0 earns more interest than it pays, so coverage of interest payments is not a concern.