Re:NewCell Balance Sheet Health
Financial Health criteria checks 1/6
Re:NewCell has a total shareholder equity of SEK797.6M and total debt of SEK819.4M, which brings its debt-to-equity ratio to 102.7%. Its total assets and total liabilities are SEK2.0B and SEK1.2B respectively.
Key information
102.7%
Debt to equity ratio
SEK 819.40m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 102.80m |
| Equity | SEK 797.60m |
| Total liabilities | SEK 1.23b |
| Total assets | SEK 2.03b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RENEW's short term assets (SEK396.1M) exceed its short term liabilities (SEK286.6M).
Long Term Liabilities: RENEW's short term assets (SEK396.1M) do not cover its long term liabilities (SEK942.8M).
Debt to Equity History and Analysis
Debt Level: RENEW's net debt to equity ratio (89.8%) is considered high.
Reducing Debt: RENEW's debt to equity ratio has increased from 14% to 102.7% 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: RENEW has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RENEW has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.7% each year