Absolicon Solar Collector Balance Sheet Health
Financial Health criteria checks 4/6
Absolicon Solar Collector has a total shareholder equity of SEK67.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK86.4M and SEK19.3M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr13.96m |
| Equity | kr67.05m |
| Total liabilities | kr19.31m |
| Total assets | kr86.35m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ABSL B's short term assets (SEK44.5M) exceed its short term liabilities (SEK18.7M).
Long Term Liabilities: ABSL B's short term assets (SEK44.5M) exceed its long term liabilities (SEK639.0K).
Debt to Equity History and Analysis
Debt Level: ABSL B is debt free.
Reducing Debt: ABSL B has no debt compared to 5 years ago when its debt to equity ratio was 1.8%.
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: ABSL B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ABSL B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33% each year