Alteco Medical Balance Sheet Health
Financial Health criteria checks 0/6
Alteco Medical has a total shareholder equity of SEK1.9M and total debt of SEK4.4M, which brings its debt-to-equity ratio to 234.1%. Its total assets and total liabilities are SEK8.9M and SEK7.0M respectively.
Key information
234.1%
Debt to equity ratio
kr4.39m
Debt
| Interest coverage ratio | n/a |
| Cash | kr149.52k |
| Equity | kr1.88m |
| Total liabilities | kr7.03m |
| Total assets | kr8.90m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ALTE's short term assets (SEK6.7M) do not cover its short term liabilities (SEK7.0M).
Long Term Liabilities: ALTE's short term assets (SEK6.7M) do not cover its long term liabilities (SEK-1.0).
Debt to Equity History and Analysis
Debt Level: ALTE's net debt to equity ratio (226.1%) is considered high.
Reducing Debt: ALTE's debt to equity ratio has increased from 0% to 234.1% 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: ALTE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ALTE has less than a year of cash runway if free cash flow continues to grow at historical rates of 12.4% each year.