Lifecare Balance Sheet Health
Financial Health criteria checks 5/6
Lifecare has a total shareholder equity of NOK66.5M and total debt of NOK2.9M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are NOK86.4M and NOK19.9M respectively.
Key information
4.4%
Debt to equity ratio
kr2.92m
Debt
Interest coverage ratio | n/a |
Cash | kr48.35m |
Equity | kr66.45m |
Total liabilities | kr19.94m |
Total assets | kr86.39m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LIFE's short term assets (NOK64.0M) exceed its short term liabilities (NOK10.6M).
Long Term Liabilities: LIFE's short term assets (NOK64.0M) exceed its long term liabilities (NOK9.3M).
Debt to Equity History and Analysis
Debt Level: LIFE has more cash than its total debt.
Reducing Debt: LIFE's debt to equity ratio has increased from 0% to 4.4% over the 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: LIFE has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: LIFE is forecast to have sufficient cash runway for 9 months based on free cash flow estimates, but has since raised additional capital.