Ngenic Balance Sheet Health
Financial Health criteria checks 0/6
Ngenic has a total shareholder equity of SEK-3.4M and total debt of SEK9.1M, which brings its debt-to-equity ratio to -269.5%. Its total assets and total liabilities are SEK72.7M and SEK76.1M respectively.
Key information
-269.5%
Debt to equity ratio
SEK 9.13m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 325.00k |
| Equity | -SEK 3.39m |
| Total liabilities | SEK 76.05m |
| Total assets | SEK 72.66m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0UQ has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0UQ has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 0UQ has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0UQ's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 0UQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0UQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.8% each year