CTEK Balance Sheet Health
Financial Health criteria checks 5/6
CTEK has a total shareholder equity of SEK733.6M and total debt of SEK398.5M, which brings its debt-to-equity ratio to 54.3%. Its total assets and total liabilities are SEK1.4B and SEK714.0M respectively. CTEK's EBIT is SEK65.5M making its interest coverage ratio 2.1. It has cash and short-term investments of SEK120.4M.
Key information
54.3%
Debt to equity ratio
SEK 398.50m
Debt
| Interest coverage ratio | 2.1x |
| Cash | SEK 120.40m |
| Equity | SEK 733.60m |
| Total liabilities | SEK 714.00m |
| Total assets | SEK 1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1F7's short term assets (SEK504.1M) exceed its short term liabilities (SEK199.5M).
Long Term Liabilities: 1F7's short term assets (SEK504.1M) do not cover its long term liabilities (SEK514.5M).
Debt to Equity History and Analysis
Debt Level: 1F7's net debt to equity ratio (37.9%) is considered satisfactory.
Reducing Debt: 1F7's debt to equity ratio has reduced from 467% to 54.3% 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: Whilst unprofitable 1F7 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1F7 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 20.6% per year.