Ovzon Balance Sheet Health
Financial Health criteria checks 1/6
Ovzon has a total shareholder equity of SEK1.7B and total debt of SEK716.0M, which brings its debt-to-equity ratio to 42.3%. Its total assets and total liabilities are SEK2.6B and SEK873.0M respectively.
Key information
42.3%
Debt to equity ratio
SEK 716.00m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 87.00m |
| Equity | SEK 1.69b |
| Total liabilities | SEK 873.00m |
| Total assets | SEK 2.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OVZ's short term assets (SEK190.0M) do not cover its short term liabilities (SEK195.0M).
Long Term Liabilities: OVZ's short term assets (SEK190.0M) do not cover its long term liabilities (SEK678.0M).
Debt to Equity History and Analysis
Debt Level: OVZ's net debt to equity ratio (37.2%) is considered satisfactory.
Reducing Debt: OVZ's debt to equity ratio has increased from 0% to 42.3% over the 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: OVZ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if OVZ has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.