Minesto Balance Sheet Health
Financial Health criteria checks 4/6
Minesto has a total shareholder equity of SEK581.5M and total debt of SEK500.0K, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are SEK603.8M and SEK22.4M respectively.
Key information
0.09%
Debt to equity ratio
SEK 500.00k
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 76.05m |
| Equity | SEK 581.46m |
| Total liabilities | SEK 22.37m |
| Total assets | SEK 603.84m |
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 (SEK83.7M) exceed its short term liabilities (SEK21.9M).
Long Term Liabilities: MINEST's short term assets (SEK83.7M) exceed its long term liabilities (SEK500.0K).
Debt to Equity History and Analysis
Debt Level: MINEST has more cash than its total debt.
Reducing Debt: MINEST's debt to equity ratio has reduced from 0.1% to 0.09% 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: 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 6.3% each year