Ovzon Balance Sheet Health
Financial Health criteria checks 5/6
Ovzon has a total shareholder equity of SEK1.5B and total debt of SEK488.0M, which brings its debt-to-equity ratio to 32.4%. Its total assets and total liabilities are SEK2.1B and SEK568.0M respectively.
Key information
32.4%
Debt to equity ratio
kr488.00m
Debt
Interest coverage ratio | n/a |
Cash | kr60.00m |
Equity | kr1.50b |
Total liabilities | kr568.00m |
Total assets | kr2.07b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OVZON BTA's short term assets (SEK153.0M) exceed its short term liabilities (SEK74.0M).
Long Term Liabilities: OVZON BTA's short term assets (SEK153.0M) do not cover its long term liabilities (SEK494.0M).
Debt to Equity History and Analysis
Debt Level: OVZON BTA's net debt to equity ratio (28.5%) is considered satisfactory.
Reducing Debt: OVZON BTA's debt to equity ratio has reduced from 100.8% to 32.4% 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: OVZON BTA has sufficient cash runway for 1 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: OVZON BTA is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.