Briox Balance Sheet Health
Financial Health criteria checks 3/6
Briox has a total shareholder equity of SEK37.6M and total debt of SEK9.0K, which brings its debt-to-equity ratio to 0.02%. Its total assets and total liabilities are SEK51.2M and SEK13.6M respectively.
Key information
0.02%
Debt to equity ratio
kr9.00k
Debt
| Interest coverage ratio | n/a |
| Cash | kr17.59m |
| Equity | kr37.60m |
| Total liabilities | kr13.58m |
| Total assets | kr51.18m |
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 (SEK20.5M) exceed its short term liabilities (SEK13.6M).
Long Term Liabilities: BRIX has no long term liabilities.
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 0.02% 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 8.4% each year