EcoRub Balance Sheet Health
Financial Health criteria checks 1/6
EcoRub has a total shareholder equity of SEK8.7M and total debt of SEK10.4M, which brings its debt-to-equity ratio to 119.4%. Its total assets and total liabilities are SEK45.3M and SEK36.6M respectively.
Key information
119.4%
Debt to equity ratio
SEK 10.41m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 1.06m |
| Equity | SEK 8.72m |
| Total liabilities | SEK 36.58m |
| Total assets | SEK 45.31m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECO B's short term assets (SEK8.5M) exceed its short term liabilities (SEK1.4M).
Long Term Liabilities: ECO B's short term assets (SEK8.5M) do not cover its long term liabilities (SEK35.2M).
Debt to Equity History and Analysis
Debt Level: ECO B's net debt to equity ratio (107.3%) is considered high.
Reducing Debt: ECO B's debt to equity ratio has increased from 31.6% to 119.4% 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: ECO B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECO B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.4% each year