Chordate Medical Holding Balance Sheet Health
Financial Health criteria checks 4/6
Chordate Medical Holding has a total shareholder equity of SEK15.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK22.0M and SEK6.9M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr8.46m |
| Equity | kr15.09m |
| Total liabilities | kr6.87m |
| Total assets | kr21.96m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CMH's short term assets (SEK12.8M) exceed its short term liabilities (SEK6.9M).
Long Term Liabilities: CMH has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CMH is debt free.
Reducing Debt: CMH has no debt compared to 5 years ago when its debt to equity ratio was 13.3%.
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: CMH has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CMH has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.4% each year