LifeClean International Balance Sheet Health
Financial Health criteria checks 1/6
LifeClean International has a total shareholder equity of SEK1.3M and total debt of SEK47.8M, which brings its debt-to-equity ratio to 3637.9%. Its total assets and total liabilities are SEK68.6M and SEK67.3M respectively.
Key information
3,637.9%
Debt to equity ratio
kr47.84m
Debt
Interest coverage ratio | n/a |
Cash | kr8.29m |
Equity | kr1.32m |
Total liabilities | kr67.29m |
Total assets | kr68.61m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LCLEAN's short term assets (SEK29.5M) do not cover its short term liabilities (SEK47.8M).
Long Term Liabilities: LCLEAN's short term assets (SEK29.5M) exceed its long term liabilities (SEK19.5M).
Debt to Equity History and Analysis
Debt Level: LCLEAN's net debt to equity ratio (3007.8%) is considered high.
Reducing Debt: LCLEAN's debt to equity ratio has increased from 48.5% to 3637.9% 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: LCLEAN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: LCLEAN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year