Photocat Balance Sheet Health
Financial Health criteria checks 2/6
Photocat has a total shareholder equity of DKK12.7M and total debt of DKK1.7M, which brings its debt-to-equity ratio to 13.5%. Its total assets and total liabilities are DKK22.2M and DKK9.5M respectively.
Key information
13.5%
Debt to equity ratio
DKK 1.72m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 222.00k |
| Equity | DKK 12.72m |
| Total liabilities | DKK 9.53m |
| Total assets | DKK 22.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: PCAT's short term assets (DKK5.2M) exceed its short term liabilities (DKK4.2M).
Long Term Liabilities: PCAT's short term assets (DKK5.2M) do not cover its long term liabilities (DKK5.4M).
Debt to Equity History and Analysis
Debt Level: PCAT's net debt to equity ratio (11.8%) is considered satisfactory.
Reducing Debt: PCAT's debt to equity ratio has increased from 2.3% to 13.5% 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: 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 2.6% each year.