Cortus Energy Balance Sheet Health
Financial Health criteria checks 0/6
Cortus Energy has a total shareholder equity of SEK-9.8M and total debt of SEK46.0M, which brings its debt-to-equity ratio to -471.4%. Its total assets and total liabilities are SEK71.1M and SEK80.9M respectively.
Key information
-471.4%
Debt to equity ratio
SEK 46.01m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 499.00k |
| Equity | -SEK 9.76m |
| Total liabilities | SEK 80.87m |
| Total assets | SEK 71.11m |
Recent financial health updates
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt
Jan 03
We Think Cortus Energy (STO:CE) Has A Fair Chunk Of Debt
Sep 20Is Cortus Energy (STO:CE) Using Too Much Debt?
Jun 07Would Cortus Energy (STO:CE) Be Better Off With Less Debt?
Feb 18Is Cortus Energy (STO:CE) Using Debt Sensibly?
Aug 22Is Cortus Energy (STO:CE) Weighed On By Its Debt Load?
Mar 03Recent updates
Here's Why Cortus Energy (STO:CE) Can Afford Some Debt
Jan 03We Think Cortus Energy (STO:CE) Has A Fair Chunk Of Debt
Sep 20Is Cortus Energy (STO:CE) Using Too Much Debt?
Jun 07Would Cortus Energy (STO:CE) Be Better Off With Less Debt?
Feb 18Is Cortus Energy (STO:CE) Using Debt Sensibly?
Aug 22Is Cortus Energy (STO:CE) Weighed On By Its Debt Load?
Mar 03Here's Why Cortus Energy (STO:CE) Can Afford Some Debt
Nov 01Here's Why Cortus Energy (STO:CE) Can Afford Some Debt
Jul 20Here's Why Cortus Energy (STO:CE) Can Afford Some Debt
Mar 29Is Cortus Energy (STO:CE) A Risky Investment?
Dec 13Financial Position Analysis
Short Term Liabilities: CE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CE has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: CE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CE has less than a year of cash runway if free cash flow continues to grow at historical rates of 14.2% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 01:47 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Cortus Energy AB (publ) is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Markus Augustsson | Carlsquare AB |
| Henrik Alveskog | Redeye |