Circio Holding Balance Sheet Health
Financial Health criteria checks 2/6
Circio Holding has a total shareholder equity of NOK-96.3M and total debt of NOK110.7M, which brings its debt-to-equity ratio to -114.9%. Its total assets and total liabilities are NOK28.1M and NOK124.5M respectively.
Key information
-114.9%
Debt to equity ratio
kr110.65m
Debt
| Interest coverage ratio | n/a |
| Cash | kr22.25m |
| Equity | -kr96.34m |
| Total liabilities | kr124.47m |
| Total assets | kr28.14m |
Recent financial health updates
Health Check: How Prudently Does Targovax (OB:TRVX) Use Debt?
Jul 08
Is Targovax (OB:TRVX) Using Debt In A Risky Way?
Oct 27Is Targovax (OB:TRVX) A Risky Investment?
Jul 05Is Targovax (OB:TRVX) Using Debt In A Risky Way?
Feb 20Recent updates
Targovax ASA's (OB:TRVX) Intrinsic Value Is Potentially 96% Above Its Share Price
Aug 24Health Check: How Prudently Does Targovax (OB:TRVX) Use Debt?
Jul 08Is Targovax (OB:TRVX) Using Debt In A Risky Way?
Oct 27Is Targovax (OB:TRVX) A Risky Investment?
Jul 05Shareholders May Be A Bit More Conservative With Targovax ASA's (OB:TRVX) CEO Compensation For Now
Mar 10Is Targovax (OB:TRVX) Using Debt In A Risky Way?
Feb 20The Chief Scientific Officer of Targovax ASA (OB:TRVX), Victor Levitsky, Just Bought A Few More Shares
Dec 05
Financial Position Analysis
Short Term Liabilities: CRNA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CRNA 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: CRNA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CRNA'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: CRNA has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: CRNA is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.