Luxbright Balance Sheet Health
Financial Health criteria checks 4/6
Luxbright has a total shareholder equity of SEK33.7M and total debt of SEK206.0K, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are SEK40.6M and SEK6.9M respectively.
Key information
0.6%
Debt to equity ratio
kr206.00k
Debt
| Interest coverage ratio | n/a |
| Cash | kr14.04m |
| Equity | kr33.69m |
| Total liabilities | kr6.88m |
| Total assets | kr40.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LXB's short term assets (SEK16.3M) exceed its short term liabilities (SEK6.7M).
Long Term Liabilities: LXB's short term assets (SEK16.3M) exceed its long term liabilities (SEK206.0K).
Debt to Equity History and Analysis
Debt Level: LXB has more cash than its total debt.
Reducing Debt: LXB's debt to equity ratio has reduced from 35.8% to 0.6% 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: LXB has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LXB has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.5% each year