Cline Scientific Balance Sheet Health
Financial Health criteria checks 4/6
Cline Scientific has a total shareholder equity of SEK20.1M and total debt of SEK813.7K, which brings its debt-to-equity ratio to 4%. Its total assets and total liabilities are SEK22.7M and SEK2.6M respectively.
Key information
4.0%
Debt to equity ratio
kr813.65k
Debt
Interest coverage ratio | n/a |
Cash | kr3.35m |
Equity | kr20.10m |
Total liabilities | kr2.62m |
Total assets | kr22.72m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: CLINE B's short term assets (SEK3.5M) exceed its short term liabilities (SEK1.8M).
Long Term Liabilities: CLINE B's short term assets (SEK3.5M) exceed its long term liabilities (SEK813.7K).
Debt to Equity History and Analysis
Debt Level: CLINE B has more cash than its total debt.
Reducing Debt: CLINE B's debt to equity ratio has reduced from 17.9% to 4% 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: CLINE B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: CLINE B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 11.6% each year