Photocure Balance Sheet Health
Financial Health criteria checks 6/6
Photocure has a total shareholder equity of NOK468.9M and total debt of NOK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are NOK705.6M and NOK236.7M respectively.
Key information
0%
Debt to equity ratio
NOK 0
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 255.06m |
| Equity | NOK 468.94m |
| Total liabilities | NOK 236.66m |
| Total assets | NOK 705.60m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PHOO's short term assets (NOK357.9M) exceed its short term liabilities (NOK79.3M).
Long Term Liabilities: PHOO's short term assets (NOK357.9M) exceed its long term liabilities (NOK157.3M).
Debt to Equity History and Analysis
Debt Level: PHOO is debt free.
Reducing Debt: PHOO 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 PHOO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: PHOO is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.8% per year.