SaltX Technology Holding Balance Sheet Health
Financial Health criteria checks 2/6
SaltX Technology Holding has a total shareholder equity of SEK116.3M and total debt of SEK24.4M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are SEK170.9M and SEK54.6M respectively.
Key information
21.0%
Debt to equity ratio
kr24.39m
Debt
| Interest coverage ratio | n/a |
| Cash | kr3.30m |
| Equity | kr116.26m |
| Total liabilities | kr54.63m |
| Total assets | kr170.89m |
Recent financial health updates
Health Check: How Prudently Does SaltX Technology Holding (STO:SALT B) Use Debt?
Nov 09
SaltX Technology Holding (STO:SALT B) Has Debt But No Earnings; Should You Worry?
Jul 08Does SaltX Technology Holding (STO:SALT B) Have A Healthy Balance Sheet?
Mar 24Is SaltX Technology Holding (STO:SALT B) A Risky Investment?
Oct 18SaltX Technology Holding (STO:SALT B) Has Debt But No Earnings; Should You Worry?
Apr 28Rock star Growth Puts SaltX Technology Holding (STO:SALT B) In A Position To Use Debt
Jan 05Recent updates
Revenues Tell The Story For SaltX Technology Holding AB (publ) (STO:SALT B) As Its Stock Soars 29%
May 14Health Check: How Prudently Does SaltX Technology Holding (STO:SALT B) Use Debt?
Nov 09SaltX Technology Holding (STO:SALT B) Has Debt But No Earnings; Should You Worry?
Jul 08Does SaltX Technology Holding (STO:SALT B) Have A Healthy Balance Sheet?
Mar 24Is SaltX Technology Holding (STO:SALT B) A Risky Investment?
Oct 18SaltX Technology Holding (STO:SALT B) Has Debt But No Earnings; Should You Worry?
Apr 28Rock star Growth Puts SaltX Technology Holding (STO:SALT B) In A Position To Use Debt
Jan 05Here's Why SaltX Technology Holding (STO:SALT B) Can Manage Its Debt Despite Losing Money
Aug 24Is SaltX Technology Holding (STO:SALT B) Using Debt In A Risky Way?
Mar 30Is SaltX Technology Holding (STO:SALT B) Using Debt In A Risky Way?
Dec 15
Financial Position Analysis
Short Term Liabilities: SALT B's short term assets (SEK23.6M) do not cover its short term liabilities (SEK27.9M).
Long Term Liabilities: SALT B's short term assets (SEK23.6M) do not cover its long term liabilities (SEK26.7M).
Debt to Equity History and Analysis
Debt Level: SALT B's net debt to equity ratio (18.1%) is considered satisfactory.
Reducing Debt: SALT B's debt to equity ratio has reduced from 24.3% to 21% 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: SALT B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SALT B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 1.4% each year