Biofrigas Sweden Balance Sheet Health
Financial Health criteria checks 4/6
Biofrigas Sweden has a total shareholder equity of SEK20.0M and total debt of SEK510.0K, which brings its debt-to-equity ratio to 2.6%. Its total assets and total liabilities are SEK29.8M and SEK9.8M respectively.
Key information
2.6%
Debt to equity ratio
kr510.00k
Debt
Interest coverage ratio | n/a |
Cash | kr7.66m |
Equity | kr19.96m |
Total liabilities | kr9.83m |
Total assets | kr29.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BIOF's short term assets (SEK11.6M) exceed its short term liabilities (SEK9.3M).
Long Term Liabilities: BIOF's short term assets (SEK11.6M) exceed its long term liabilities (SEK510.0K).
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 increased from 0% to 2.6% 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 sufficient cash runway for more than a year 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 6.9% each year