Solid Clouds hf Balance Sheet Health
Financial Health criteria checks 4/6
Solid Clouds hf has a total shareholder equity of ISK1.2B and total debt of ISK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are ISK1.2B and ISK42.6M respectively.
Key information
0%
Debt to equity ratio
Kr0
Debt
| Interest coverage ratio | n/a |
| Cash | Kr44.00m |
| Equity | Kr1.18b |
| Total liabilities | Kr42.57m |
| Total assets | Kr1.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOLID's short term assets (ISK58.3M) exceed its short term liabilities (ISK42.6M).
Long Term Liabilities: SOLID has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: SOLID is debt free.
Reducing Debt: SOLID 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: SOLID has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOLID has less than a year of cash runway if free cash flow continues to reduce at historical rates of 21.2% each year