Astralis Balance Sheet Health
Financial Health criteria checks 6/6
Astralis has a total shareholder equity of DKK61.6M and total debt of DKK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are DKK87.0M and DKK25.5M respectively.
Key information
0%
Debt to equity ratio
kr.0
Debt
| Interest coverage ratio | n/a |
| Cash | kr.6.56m |
| Equity | kr.61.57m |
| Total liabilities | kr.25.46m |
| Total assets | kr.87.02m |
Financial Position Analysis
Short Term Liabilities: ASTRLS's short term assets (DKK26.9M) exceed its short term liabilities (DKK24.4M).
Long Term Liabilities: ASTRLS's short term assets (DKK26.9M) exceed its long term liabilities (DKK1.0M).
Debt to Equity History and Analysis
Debt Level: ASTRLS is debt free.
Reducing Debt: ASTRLS 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: Whilst unprofitable ASTRLS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ASTRLS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 104.6% per year.