Curasight Balance Sheet Health
Financial Health criteria checks 3/6
Curasight has a total shareholder equity of DKK12.7M and total debt of DKK10.1M, which brings its debt-to-equity ratio to 79.8%. Its total assets and total liabilities are DKK28.8M and DKK16.2M respectively.
Key information
79.8%
Debt to equity ratio
DKK 10.10m
Debt
| Interest coverage ratio | n/a |
| Cash | DKK 8.38m |
| Equity | DKK 12.65m |
| Total liabilities | DKK 16.19m |
| Total assets | DKK 28.85m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: CURAS's short term assets (DKK21.6M) exceed its short term liabilities (DKK16.2M).
Long Term Liabilities: CURAS has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CURAS's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: CURAS's debt to equity ratio has increased from 0.02% to 79.8% 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 33.8% each year