Promore Pharma Financial Health

How is Promore Pharma's financial position?

Financial Health Score

5/6

Financial Health Score 5/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Stable Cash Runway

  • Forecast Cash Runway

Financial Position Analysis

Short Term Liabilities: PROMO's short term assets (SEK31.3M) exceed its short term liabilities (SEK4.4M).

Long Term Liabilities: PROMO's short term assets (SEK31.3M) exceed its long term liabilities (SEK713.0K).


Debt to Equity History and Analysis

Debt Level: PROMO has more cash than its total debt.

Reducing Debt: PROMO's debt to equity ratio has increased from 0.9% to 2.7% 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: Whilst unprofitable PROMO has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: PROMO is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 17.2% per year.


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