2cureX Balance Sheet Health
Financial Health criteria checks 4/6
2cureX has a total shareholder equity of SEK2.8M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK7.0M and SEK4.3M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.13m |
| Equity | SEK 2.79m |
| Total liabilities | SEK 4.26m |
| Total assets | SEK 7.05m |
Recent financial health updates
We're Not Very Worried About 2cureX's (STO:2CUREX) Cash Burn Rate
Jun 03
2cureX (STO:2CUREX) Is In A Good Position To Deliver On Growth Plans
Jan 06We're Not Very Worried About 2cureX's (STO:2CUREX) Cash Burn Rate
Sep 23We're Interested To See How 2cureX (STO:2CUREX) Uses Its Cash Hoard To Grow
Jun 02Recent updates
We're Not Very Worried About 2cureX's (STO:2CUREX) Cash Burn Rate
Jun 032cureX (STO:2CUREX) Is In A Good Position To Deliver On Growth Plans
Jan 06We're Not Very Worried About 2cureX's (STO:2CUREX) Cash Burn Rate
Sep 23We're Interested To See How 2cureX (STO:2CUREX) Uses Its Cash Hoard To Grow
Jun 02Shareholders Of 2cureX (STO:2CUREX) Must Be Happy With Their 280% Total Return
Feb 18How Does 2cureX's (STO:2CUREX) CEO Salary Compare to Peers?
Nov 29
Financial Position Analysis
Short Term Liabilities: 2CUREX's short term assets (SEK6.4M) exceed its short term liabilities (SEK4.3M).
Long Term Liabilities: 2CUREX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 2CUREX is debt free.
Reducing Debt: 2CUREX 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: 2CUREX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 2CUREX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.6% each year