Neola Medical Balance Sheet Health
Financial Health criteria checks 6/6
Neola Medical has a total shareholder equity of SEK79.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK86.0M and SEK7.0M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr21.58m |
Equity | kr79.03m |
Total liabilities | kr6.99m |
Total assets | kr86.02m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NEOLA's short term assets (SEK43.1M) exceed its short term liabilities (SEK6.2M).
Long Term Liabilities: NEOLA's short term assets (SEK43.1M) exceed its long term liabilities (SEK833.0K).
Debt to Equity History and Analysis
Debt Level: NEOLA is debt free.
Reducing Debt: NEOLA 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: NEOLA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: NEOLA has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 18.8% each year.