LightAir Balance Sheet Health
Financial Health criteria checks 3/6
LightAir has a total shareholder equity of SEK12.5M and total debt of SEK1.9M, which brings its debt-to-equity ratio to 15.1%. Its total assets and total liabilities are SEK32.1M and SEK19.6M respectively.
Key information
15.1%
Debt to equity ratio
SEK 1.89m
Debt
Interest coverage ratio | n/a |
Cash | SEK 2.71m |
Equity | SEK 12.48m |
Total liabilities | SEK 19.64m |
Total assets | SEK 32.12m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LAIR's short term assets (SEK16.7M) exceed its short term liabilities (SEK11.3M).
Long Term Liabilities: LAIR's short term assets (SEK16.7M) exceed its long term liabilities (SEK8.3M).
Debt to Equity History and Analysis
Debt Level: LAIR has more cash than its total debt.
Reducing Debt: LAIR's debt to equity ratio has increased from 0% to 15.1% 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: LAIR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LAIR has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.4% each year.