Curasight Balance Sheet Health
Financial Health criteria checks 3/6
Curasight has a total shareholder equity of DKK13.3M and total debt of DKK10.4M, which brings its debt-to-equity ratio to 78.2%. Its total assets and total liabilities are DKK25.8M and DKK12.5M respectively.
Key information
78.2%
Debt to equity ratio
DKK 10.41m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 7.94m |
| Equity | DKK 13.31m |
| Total liabilities | DKK 12.47m |
| Total assets | DKK 25.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CURAS's short term assets (DKK18.7M) exceed its short term liabilities (DKK12.5M).
Long Term Liabilities: CURAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CURAS's net debt to equity ratio (18.5%) is considered satisfactory.
Reducing Debt: CURAS's debt to equity ratio has increased from 0.01% to 78.2% 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: CURAS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CURAS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33% each year