Nanologica Balance Sheet Health
Financial Health criteria checks 2/6
Nanologica has a total shareholder equity of SEK-1.9M and total debt of SEK66.8M, which brings its debt-to-equity ratio to -3517.2%. Its total assets and total liabilities are SEK77.4M and SEK79.3M respectively.
Key information
-3,517.2%
Debt to equity ratio
kr66.76m
Debt
| Interest coverage ratio | n/a |
| Cash | kr10.05m |
| Equity | -kr1.90m |
| Total liabilities | kr79.33m |
| Total assets | kr77.43m |
Recent financial health updates
Nanologica (STO:NICA) Is Making Moderate Use Of Debt
Oct 10
Does Nanologica (STO:NICA) Have A Healthy Balance Sheet?
Oct 20Nanologica (STO:NICA) Is Making Moderate Use Of Debt
Jun 23Is Nanologica (NGM:NICA) A Risky Investment?
Jan 03Is Nanologica (NGM:NICA) Weighed On By Its Debt Load?
Jun 14Recent updates
Nanologica (STO:NICA) Is Making Moderate Use Of Debt
Oct 10Is Nanologica AB (publ) (STO:NICA) Trading At A 40% Discount?
Jun 12Does Nanologica (STO:NICA) Have A Healthy Balance Sheet?
Oct 20Nanologica (STO:NICA) Is Making Moderate Use Of Debt
Jun 23Is Nanologica (NGM:NICA) A Risky Investment?
Jan 03Is Nanologica (NGM:NICA) Weighed On By Its Debt Load?
Jun 14Shareholders Are Thrilled That The Nanologica (NGM:NICA) Share Price Increased 115%
Feb 23Financial Position Analysis
Short Term Liabilities: NICA has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: NICA has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: NICA has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: NICA's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: NICA has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: NICA is forecast to have sufficient cash runway for 4 months based on free cash flow estimates, but has since raised additional capital.