Minesto Balance Sheet Health
Financial Health criteria checks 3/6
Minesto has a total shareholder equity of SEK511.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK533.1M and SEK50.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr13.60m |
| Equity | kr511.17m |
| Total liabilities | kr50.87m |
| Total assets | kr533.15m |
Recent financial health updates
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate
Feb 09
Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Sep 21We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully
Aug 25Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Nov 23
Recent updates
We're Keeping An Eye On Minesto's (STO:MINEST) Cash Burn Rate
Feb 09Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Sep 21We Think Minesto (STO:MINEST) Needs To Drive Business Growth Carefully
Aug 25At kr17.65, Is It Time To Put Minesto AB (publ) (STO:MINEST) On Your Watch List?
Feb 01Minesto AB (publ)'s (STO:MINEST) Shift From Loss To Profit
May 03The Minesto (STO:MINEST) Share Price Is Up 638% And Shareholders Are Delighted
Feb 28When Can We Expect A Profit From Minesto AB (publ) (STO:MINEST)?
Feb 01What Does Minesto AB (publ)'s (STO:MINEST) Share Price Indicate?
Jan 11Our View On Minesto's (STO:MINEST) CEO Pay
Dec 21Is Minesto (STO:MINEST) In A Good Position To Invest In Growth?
Nov 23Financial Position Analysis
Short Term Liabilities: MINEST's short term assets (SEK23.8M) do not cover its short term liabilities (SEK28.9M).
Long Term Liabilities: MINEST's short term assets (SEK23.8M) exceed its long term liabilities (SEK22.0M).
Debt to Equity History and Analysis
Debt Level: MINEST is debt free.
Reducing Debt: MINEST has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
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: MINEST has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MINEST has less than a year of cash runway if free cash flow continues to reduce at historical rates of 3.6% each year