InCoax Networks Balance Sheet Health
Financial Health criteria checks 5/6
InCoax Networks has a total shareholder equity of SEK134.0M and total debt of SEK3.4M, which brings its debt-to-equity ratio to 2.5%. Its total assets and total liabilities are SEK166.2M and SEK32.2M respectively.
Key information
2.5%
Debt to equity ratio
SEK 3.40m
Debt
Interest coverage ratio | n/a |
Cash | SEK 48.41m |
Equity | SEK 134.02m |
Total liabilities | SEK 32.18m |
Total assets | SEK 166.20m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: INCOAX's short term assets (SEK91.8M) exceed its short term liabilities (SEK28.8M).
Long Term Liabilities: INCOAX's short term assets (SEK91.8M) exceed its long term liabilities (SEK3.4M).
Debt to Equity History and Analysis
Debt Level: INCOAX has more cash than its total debt.
Reducing Debt: INCOAX's debt to equity ratio has reduced from 6.7% to 2.5% 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: INCOAX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: INCOAX has less than a year of cash runway if free cash flow continues to grow at historical rates of 10.9% each year.