Gasporox Balance Sheet Health
Financial Health criteria checks 5/6
Gasporox has a total shareholder equity of SEK23.2M and total debt of SEK1.9M, which brings its debt-to-equity ratio to 8%. Its total assets and total liabilities are SEK44.8M and SEK21.6M respectively.
Key information
8.0%
Debt to equity ratio
kr1.86m
Debt
Interest coverage ratio | n/a |
Cash | kr10.40m |
Equity | kr23.21m |
Total liabilities | kr21.56m |
Total assets | kr44.77m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: GPX's short term assets (SEK23.1M) exceed its short term liabilities (SEK18.9M).
Long Term Liabilities: GPX's short term assets (SEK23.1M) exceed its long term liabilities (SEK2.6M).
Debt to Equity History and Analysis
Debt Level: GPX has more cash than its total debt.
Reducing Debt: GPX's debt to equity ratio has increased from 0% to 8% 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: GPX has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: GPX has sufficient cash runway for 2.1 years if free cash flow continues to grow at historical rates of 14% each year.