Ngenic Balance Sheet Health
Financial Health criteria checks 1/6
Ngenic has a total shareholder equity of SEK18.0M and total debt of SEK9.1M, which brings its debt-to-equity ratio to 50.3%. Its total assets and total liabilities are SEK78.1M and SEK60.1M respectively.
Key information
50.3%
Debt to equity ratio
kr9.08m
Debt
Interest coverage ratio | n/a |
Cash | kr842.00k |
Equity | kr18.03m |
Total liabilities | kr60.05m |
Total assets | kr78.09m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NGENIC's short term assets (SEK29.9M) do not cover its short term liabilities (SEK50.5M).
Long Term Liabilities: NGENIC's short term assets (SEK29.9M) exceed its long term liabilities (SEK9.5M).
Debt to Equity History and Analysis
Debt Level: NGENIC's net debt to equity ratio (45.7%) is considered high.
Reducing Debt: Insufficient data to determine if NGENIC'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: NGENIC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: NGENIC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 30.7% each year