Botnia Exploration Holding Balance Sheet Health
Financial Health criteria checks 6/6
Botnia Exploration Holding has a total shareholder equity of SEK134.6M and total debt of SEK7.4M, which brings its debt-to-equity ratio to 5.5%. Its total assets and total liabilities are SEK152.1M and SEK17.5M respectively.
Key information
5.5%
Debt to equity ratio
kr7.43m
Debt
Interest coverage ratio | n/a |
Cash | kr44.56m |
Equity | kr134.60m |
Total liabilities | kr17.49m |
Total assets | kr152.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: BOTX's short term assets (SEK46.0M) exceed its short term liabilities (SEK10.6M).
Long Term Liabilities: BOTX's short term assets (SEK46.0M) exceed its long term liabilities (SEK6.8M).
Debt to Equity History and Analysis
Debt Level: BOTX has more cash than its total debt.
Reducing Debt: BOTX's debt to equity ratio has reduced from 5.6% to 5.5% 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: BOTX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: BOTX has sufficient cash runway for more than 3 years if free cash flow continues to reduce at historical rates of 2.3% each year