Briox Balance Sheet Health
Financial Health criteria checks 3/6
Briox has a total shareholder equity of SEK45.8M and total debt of SEK249.0K, which brings its debt-to-equity ratio to 0.5%. Its total assets and total liabilities are SEK57.6M and SEK11.8M respectively.
Key information
0.5%
Debt to equity ratio
SEK 249.00k
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 21.71m |
| Equity | SEK 45.78m |
| Total liabilities | SEK 11.78m |
| Total assets | SEK 57.57m |
Recent financial health updates
Companies Like Briox (NGM:BRIX) Are In A Position To Invest In Growth
Jan 18
We Think Briox (NGM:BRIX) Can Afford To Drive Business Growth
Aug 04Here's Why We're Not Too Worried About Briox's (NGM:BRIX) Cash Burn Situation
Mar 06We're Not Very Worried About Briox's (NGM:BRIX) Cash Burn Rate
Oct 30Here's Why We're Watching Briox's (NGM:BRIX) Cash Burn Situation
Jul 07We Think Briox (NGM:BRIX) Can Afford To Drive Business Growth
Feb 10Recent updates
Companies Like Briox (NGM:BRIX) Are In A Position To Invest In Growth
Jan 18We Think Briox (NGM:BRIX) Can Afford To Drive Business Growth
Aug 04Here's Why We're Not Too Worried About Briox's (NGM:BRIX) Cash Burn Situation
Mar 06We're Not Very Worried About Briox's (NGM:BRIX) Cash Burn Rate
Oct 30Here's Why We're Watching Briox's (NGM:BRIX) Cash Burn Situation
Jul 07We Think Briox (NGM:BRIX) Can Afford To Drive Business Growth
Feb 10Briox (NGM:BRIX) Is In A Good Position To Deliver On Growth Plans
Oct 27Financial Position Analysis
Short Term Liabilities: BRIX's short term assets (SEK25.2M) exceed its short term liabilities (SEK11.8M).
Long Term Liabilities: BRIX's short term assets (SEK25.2M) exceed its long term liabilities (SEK1,000.0).
Debt to Equity History and Analysis
Debt Level: BRIX has more cash than its total debt.
Reducing Debt: BRIX's debt to equity ratio has increased from 0% to 0.5% 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: BRIX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BRIX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.8% each year