Absolicon Solar Collector Balance Sheet Health
Financial Health criteria checks 4/6
Absolicon Solar Collector has a total shareholder equity of SEK58.6M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK71.7M and SEK13.1M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr8.01m |
| Equity | kr58.63m |
| Total liabilities | kr13.05m |
| Total assets | kr71.68m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: ABSL B's short term assets (SEK31.2M) exceed its short term liabilities (SEK12.4M).
Long Term Liabilities: ABSL B's short term assets (SEK31.2M) exceed its long term liabilities (SEK640.0K).
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 0.1%.
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 29.9% each year