Advenica Balance Sheet Health
Financial Health criteria checks 6/6
Advenica has a total shareholder equity of SEK92.2M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK182.5M and SEK90.2M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr74.73m |
| Equity | kr92.24m |
| Total liabilities | kr90.23m |
| Total assets | kr182.46m |
Recent financial health updates
Advenica (STO:ADVE) Is Carrying A Fair Bit Of Debt
Jan 05
Health Check: How Prudently Does Advenica (STO:ADVE) Use Debt?
Sep 13Advenica (STO:ADVE) Is In A Strong Position To Grow Its Business
Feb 21Recent updates
Advenica AB (publ)'s (STO:ADVE) 45% Share Price Surge Not Quite Adding Up
Mar 29Estimating The Intrinsic Value Of Advenica AB (publ) (STO:ADVE)
Feb 05Advenica AB (publ)'s (STO:ADVE) Popularity With Investors Is Under Threat From Overpricing
Nov 21Investors Will Want Advenica's (STO:ADVE) Growth In ROCE To Persist
Sep 20Robust Earnings May Not Tell The Whole Story For Advenica (STO:ADVE)
May 03A Look At The Fair Value Of Advenica AB (publ) (STO:ADVE)
Apr 27Advenica (STO:ADVE) Is Carrying A Fair Bit Of Debt
Jan 05Health Check: How Prudently Does Advenica (STO:ADVE) Use Debt?
Sep 13Advenica (STO:ADVE) Is In A Strong Position To Grow Its Business
Feb 21Financial Position Analysis
Short Term Liabilities: ADVE's short term assets (SEK135.4M) exceed its short term liabilities (SEK69.9M).
Long Term Liabilities: ADVE's short term assets (SEK135.4M) exceed its long term liabilities (SEK20.4M).
Debt to Equity History and Analysis
Debt Level: ADVE is debt free.
Reducing Debt: ADVE has no debt compared to 5 years ago when its debt to equity ratio was 17.8%.
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: ADVE has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: ADVE has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 32.7% each year