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aXichem Balance Sheet Health
Financial Health criteria checks 2/6
aXichem has a total shareholder equity of SEK40.3M and total debt of SEK18.8M, which brings its debt-to-equity ratio to 46.5%. Its total assets and total liabilities are SEK61.3M and SEK20.9M respectively.
Key information
46.5%
Debt to equity ratio
kr18.76m
Debt
Interest coverage ratio | n/a |
Cash | kr6.55m |
Equity | kr40.33m |
Total liabilities | kr20.92m |
Total assets | kr61.25m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: AXIC A BTA's short term assets (SEK18.5M) do not cover its short term liabilities (SEK20.9M).
Long Term Liabilities: AXIC A BTA has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXIC A BTA's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: AXIC A BTA's debt to equity ratio has increased from 11% to 46.5% 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: AXIC A BTA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AXIC A BTA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 13.3% each year