Promimic Balance Sheet Health
Financial Health criteria checks 6/6
Promimic has a total shareholder equity of SEK73.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK86.6M and SEK13.6M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 46.60m |
| Equity | SEK 73.00m |
| Total liabilities | SEK 13.64m |
| Total assets | SEK 86.64m |
Financial Position Analysis
Short Term Liabilities: PRO's short term assets (SEK56.8M) exceed its short term liabilities (SEK13.6M).
Long Term Liabilities: PRO has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: PRO is debt free.
Reducing Debt: PRO had no debt 5 years ago.
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: PRO has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: PRO has sufficient cash runway for 2.5 years if free cash flow continues to reduce at historical rates of 4.8% each year.