Clean Motion Balance Sheet Health
Financial Health criteria checks 3/6
Clean Motion has a total shareholder equity of SEK36.4M and total debt of SEK2.0M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are SEK48.4M and SEK12.0M respectively.
Key information
5.5%
Debt to equity ratio
SEK 1.99m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 412.00k |
| Equity | SEK 36.44m |
| Total liabilities | SEK 11.99m |
| Total assets | SEK 48.44m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLEMO's short term assets (SEK7.0M) do not cover its short term liabilities (SEK10.0M).
Long Term Liabilities: CLEMO's short term assets (SEK7.0M) exceed its long term liabilities (SEK2.0M).
Debt to Equity History and Analysis
Debt Level: CLEMO's net debt to equity ratio (4.3%) is considered satisfactory.
Reducing Debt: CLEMO's debt to equity ratio has reduced from 151.8% to 5.5% 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: Insufficient data to determine if CLEMO has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CLEMO has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.