Ectin Research Balance Sheet Health
Financial Health criteria checks 3/6
Ectin Research has a total shareholder equity of SEK1.9M and total debt of SEK760.0K, which brings its debt-to-equity ratio to 40%. Its total assets and total liabilities are SEK4.4M and SEK2.5M respectively.
Key information
40.0%
Debt to equity ratio
kr760.00k
Debt
Interest coverage ratio | n/a |
Cash | kr3.92m |
Equity | kr1.90m |
Total liabilities | kr2.52m |
Total assets | kr4.42m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ECTIN B's short term assets (SEK4.4M) exceed its short term liabilities (SEK1.8M).
Long Term Liabilities: ECTIN B's short term assets (SEK4.4M) exceed its long term liabilities (SEK730.0K).
Debt to Equity History and Analysis
Debt Level: ECTIN B has more cash than its total debt.
Reducing Debt: ECTIN B's debt to equity ratio has increased from 9.5% to 40% 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: ECTIN B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ECTIN B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.7% each year