CodeMill Balance Sheet Health
Financial Health criteria checks 5/6
CodeMill has a total shareholder equity of SEK45.9M and total debt of SEK4.9M, which brings its debt-to-equity ratio to 10.7%. Its total assets and total liabilities are SEK81.2M and SEK35.3M respectively.
Key information
10.7%
Debt to equity ratio
kr4.93m
Debt
| Interest coverage ratio | n/a |
| Cash | kr15.67m |
| Equity | kr45.89m |
| Total liabilities | kr35.30m |
| Total assets | kr81.19m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CDMIL's short term assets (SEK34.9M) exceed its short term liabilities (SEK31.5M).
Long Term Liabilities: CDMIL's short term assets (SEK34.9M) exceed its long term liabilities (SEK3.8M).
Debt to Equity History and Analysis
Debt Level: CDMIL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CDMIL's debt to equity ratio has reduced 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 CDMIL has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CDMIL is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 28% per year.