Prolight Diagnostics Balance Sheet Health
Financial Health criteria checks 4/6
Prolight Diagnostics has a total shareholder equity of SEK124.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK160.0M and SEK35.7M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 31.53m |
| Equity | SEK 124.32m |
| Total liabilities | SEK 35.70m |
| Total assets | SEK 160.02m |
Recent financial health updates
Is Prolight Diagnostics (NGM:PRLD) In A Good Position To Invest In Growth?
Jul 14
Companies Like Prolight Diagnostics (NGM:PRLD) Can Afford To Invest In Growth
Nov 07We Think Prolight Diagnostics (NGM:PRLD) Can Easily Afford To Drive Business Growth
Jul 06Companies Like Prolight Diagnostics (NGM:PRLD) Are In A Position To Invest In Growth
Mar 09Prolight Diagnostics (NGM:PRLD) Is In A Good Position To Deliver On Growth Plans
Nov 24Recent updates
Is Prolight Diagnostics (NGM:PRLD) In A Good Position To Invest In Growth?
Jul 14Companies Like Prolight Diagnostics (NGM:PRLD) Can Afford To Invest In Growth
Nov 07We Think Prolight Diagnostics (NGM:PRLD) Can Easily Afford To Drive Business Growth
Jul 06Companies Like Prolight Diagnostics (NGM:PRLD) Are In A Position To Invest In Growth
Mar 09Prolight Diagnostics (NGM:PRLD) Is In A Good Position To Deliver On Growth Plans
Nov 24Financial Position Analysis
Short Term Liabilities: PRLD's short term assets (SEK40.7M) exceed its short term liabilities (SEK17.9M).
Long Term Liabilities: PRLD's short term assets (SEK40.7M) exceed its long term liabilities (SEK17.8M).
Debt to Equity History and Analysis
Debt Level: PRLD is debt free.
Reducing Debt: PRLD has not had any debt for 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: PRLD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PRLD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 7.4% each year