Circio Holding Balance Sheet Health
Financial Health criteria checks 0/6
Circio Holding has a total shareholder equity of NOK-71.7M and total debt of NOK97.4M, which brings its debt-to-equity ratio to -135.9%. Its total assets and total liabilities are NOK49.9M and NOK121.6M respectively.
Key information
-135.9%
Debt to equity ratio
NOK 97.42m
Debt
| Interest coverage ratio | n/a |
| Cash | NOK 31.36m |
| Equity | -NOK 71.69m |
| Total liabilities | NOK 121.63m |
| Total assets | NOK 49.94m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RIS has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 0RIS 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: 0RIS has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 0RIS'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: 0RIS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 0RIS has less than a year of cash runway if free cash flow continues to grow at historical rates of 2% each year.