Photocat Balance Sheet Health
Financial Health criteria checks 2/6
Photocat has a total shareholder equity of DKK12.5M and total debt of DKK5.6M, which brings its debt-to-equity ratio to 44.3%. Its total assets and total liabilities are DKK23.6M and DKK11.1M respectively.
Key information
44.3%
Debt to equity ratio
kr.5.56m
Debt
Interest coverage ratio | n/a |
Cash | kr.230.00k |
Equity | kr.12.55m |
Total liabilities | kr.11.10m |
Total assets | kr.23.65m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCAT's short term assets (DKK6.5M) exceed its short term liabilities (DKK5.4M).
Long Term Liabilities: PCAT's short term assets (DKK6.5M) exceed its long term liabilities (DKK5.7M).
Debt to Equity History and Analysis
Debt Level: PCAT's net debt to equity ratio (42.5%) is considered high.
Reducing Debt: PCAT's debt to equity ratio has increased from 15.1% to 44.3% 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: PCAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PCAT has less than a year of cash runway if free cash flow continues to grow at historical rates of 2.2% each year.