LC-Tec Holding Balance Sheet Health
Financial Health criteria checks 5/6
LC-Tec Holding has a total shareholder equity of SEK4.7M and total debt of SEK2.8M, which brings its debt-to-equity ratio to 58.2%. Its total assets and total liabilities are SEK15.8M and SEK11.1M respectively.
Key information
58.2%
Debt to equity ratio
kr2.75m
Debt
| Interest coverage ratio | n/a |
| Cash | kr4.68m |
| Equity | kr4.73m |
| Total liabilities | kr11.06m |
| Total assets | kr15.79m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: LCT's short term assets (SEK13.5M) exceed its short term liabilities (SEK10.8M).
Long Term Liabilities: LCT's short term assets (SEK13.5M) exceed its long term liabilities (SEK259.0K).
Debt to Equity History and Analysis
Debt Level: LCT has more cash than its total debt.
Reducing Debt: LCT's debt to equity ratio has increased from 0% to 58.2% 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: LCT has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LCT is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.