Active Biotech Balance Sheet Health
Financial Health criteria checks 4/6
Active Biotech has a total shareholder equity of SEK30.7M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK44.0M and SEK13.3M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr36.20m |
| Equity | kr30.70m |
| Total liabilities | kr13.30m |
| Total assets | kr44.00m |
Recent financial health updates
Is Active Biotech (STO:ACTI) In A Good Position To Invest In Growth?
Feb 19
Active Biotech (STO:ACTI) Will Have To Spend Its Cash Wisely
Jul 27Here's Why Active Biotech (STO:ACTI) Must Use Its Cash Wisely
May 07Here's Why We're Not Too Worried About Active Biotech's (STO:ACTI) Cash Burn Situation
Nov 09We're Hopeful That Active Biotech (STO:ACTI) Will Use Its Cash Wisely
May 03We're Keeping An Eye On Active Biotech's (STO:ACTI) Cash Burn Rate
Jan 18
Recent updates
Is Active Biotech (STO:ACTI) In A Good Position To Invest In Growth?
Feb 19Active Biotech (STO:ACTI) Will Have To Spend Its Cash Wisely
Jul 27Here's Why Active Biotech (STO:ACTI) Must Use Its Cash Wisely
May 07Here's Why We're Not Too Worried About Active Biotech's (STO:ACTI) Cash Burn Situation
Nov 09We're Hopeful That Active Biotech (STO:ACTI) Will Use Its Cash Wisely
May 03We're Keeping An Eye On Active Biotech's (STO:ACTI) Cash Burn Rate
Jan 18Financial Position Analysis
Short Term Liabilities: ACTI's short term assets (SEK38.7M) exceed its short term liabilities (SEK10.4M).
Long Term Liabilities: ACTI's short term assets (SEK38.7M) exceed its long term liabilities (SEK2.9M).
Debt to Equity History and Analysis
Debt Level: ACTI is debt free.
Reducing Debt: ACTI has no debt compared to 5 years ago when its debt to equity ratio was 232.1%.
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: ACTI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ACTI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.9% each year