Biofrigas Sweden Balance Sheet Health
Financial Health criteria checks 4/6
Biofrigas Sweden has a total shareholder equity of SEK22.3M and total debt of SEK2.5M, which brings its debt-to-equity ratio to 11.3%. Its total assets and total liabilities are SEK33.7M and SEK11.4M respectively.
Key information
11.3%
Debt to equity ratio
SEK 2.51m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 9.21m |
| Equity | SEK 22.28m |
| Total liabilities | SEK 11.39m |
| Total assets | SEK 33.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOF's short term assets (SEK13.7M) exceed its short term liabilities (SEK8.9M).
Long Term Liabilities: BIOF's short term assets (SEK13.7M) exceed its long term liabilities (SEK2.5M).
Debt to Equity History and Analysis
Debt Level: BIOF has more cash than its total debt.
Reducing Debt: BIOF's debt to equity ratio has reduced from 38.2% to 11.3% 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: BIOF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BIOF has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.1% each year