Cantargia Balance Sheet Health
Financial Health criteria checks 6/6
Cantargia has a total shareholder equity of SEK184.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK238.9M and SEK54.7M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 200.24m |
| Equity | SEK 184.18m |
| Total liabilities | SEK 54.73m |
| Total assets | SEK 238.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CANTAS's short term assets (SEK228.5M) exceed its short term liabilities (SEK54.6M).
Long Term Liabilities: CANTAS's short term assets (SEK228.5M) exceed its long term liabilities (SEK136.0K).
Debt to Equity History and Analysis
Debt Level: CANTAS is debt free.
Reducing Debt: CANTAS has not had any debt for 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: CANTAS has sufficient cash runway for 8 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CANTAS is forecast to have sufficient cash runway for 11 months based on free cash flow estimates, but has since raised additional capital.