CirChem Balance Sheet Health
Financial Health criteria checks 3/6
CirChem has a total shareholder equity of SEK38.6M and total debt of SEK6.3M, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are SEK63.8M and SEK25.1M respectively.
Key information
16.3%
Debt to equity ratio
SEK 6.29m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 10.25m |
| Equity | SEK 38.61m |
| Total liabilities | SEK 25.15m |
| Total assets | SEK 63.75m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIRCHE's short term assets (SEK18.4M) do not cover its short term liabilities (SEK18.9M).
Long Term Liabilities: CIRCHE's short term assets (SEK18.4M) exceed its long term liabilities (SEK6.3M).
Debt to Equity History and Analysis
Debt Level: CIRCHE has more cash than its total debt.
Reducing Debt: CIRCHE's debt to equity ratio has reduced from 31.5% to 16.3% 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: CIRCHE has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CIRCHE has less than a year of cash runway if free cash flow continues to reduce at historical rates of 9.7% each year