Precise Biometrics Balance Sheet Health
Financial Health criteria checks 5/6
Precise Biometrics has a total shareholder equity of SEK156.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK216.5M and SEK60.0M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 41.15m |
| Equity | SEK 156.51m |
| Total liabilities | SEK 59.96m |
| Total assets | SEK 216.47m |
Recent financial health updates
We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth
Jul 31
Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?
Apr 04We're Not Very Worried About Precise Biometrics' (STO:PREC) Cash Burn Rate
Dec 01Recent updates
We Think Precise Biometrics (STO:PREC) Can Easily Afford To Drive Business Growth
Jul 31Precise Biometrics (STO:PREC) Has Debt But No Earnings; Should You Worry?
Apr 04Estimating The Fair Value Of Precise Biometrics AB (publ) (STO:PREC)
Nov 02Is It Time To Consider Buying Precise Biometrics AB (publ) (STO:PREC)?
Aug 30Should You Think About Buying Precise Biometrics AB (publ) (STO:PREC) Now?
Feb 24We're Not Very Worried About Precise Biometrics' (STO:PREC) Cash Burn Rate
Dec 01Precise Biometrics' (STO:PREC) Shareholders Are Down 76% On Their Shares
Feb 15Is Precise Biometrics AB (publ) (STO:PREC) Potentially Undervalued?
Jan 25Will The ROCE Trend At Precise Biometrics (STO:PREC) Continue?
Dec 29
Is Precise Biometrics AB (publ)'s (STO:PREC) Recent Price Movement Underpinned By Its Weak Fundamentals?
Dec 07Financial Position Analysis
Short Term Liabilities: PREC's short term assets (SEK74.4M) exceed its short term liabilities (SEK37.4M).
Long Term Liabilities: PREC's short term assets (SEK74.4M) exceed its long term liabilities (SEK22.6M).
Debt to Equity History and Analysis
Debt Level: PREC is debt free.
Reducing Debt: PREC has not had any debt for 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: PREC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if PREC has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.