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 ration/a
CashSEK 325.00k
Equity-SEK 3.39m
Total liabilitiesSEK 76.05m
Total assetsSEK 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


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