aXichem Balance Sheet Health
Financial Health criteria checks 3/6
aXichem has a total shareholder equity of SEK65.8M and total debt of SEK4.9M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are SEK74.5M and SEK8.7M respectively.
Key information
7.4%
Debt to equity ratio
kr4.88m
Debt
Interest coverage ratio | n/a |
Cash | kr467.00k |
Equity | kr65.83m |
Total liabilities | kr8.72m |
Total assets | kr74.54m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: AXIC A's short term assets (SEK30.9M) exceed its short term liabilities (SEK8.7M).
Long Term Liabilities: AXIC A has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: AXIC A's net debt to equity ratio (6.7%) is considered satisfactory.
Reducing Debt: AXIC A's debt to equity ratio has increased from 4.5% to 7.4% 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: AXIC A has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: AXIC A has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.7% each year