CirChem Balance Sheet Health
Financial Health criteria checks 4/6
CirChem has a total shareholder equity of SEK35.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK59.1M and SEK24.0M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr16.58m |
Equity | kr35.10m |
Total liabilities | kr24.00m |
Total assets | kr59.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CIRCHE's short term assets (SEK18.7M) exceed its short term liabilities (SEK15.1M).
Long Term Liabilities: CIRCHE's short term assets (SEK18.7M) exceed its long term liabilities (SEK8.9M).
Debt to Equity History and Analysis
Debt Level: CIRCHE is debt free.
Reducing Debt: CIRCHE has no debt compared to 5 years ago when its debt to equity ratio was 90.9%.
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 19.4% each year