GomSpace Group Balance Sheet Health
Financial Health criteria checks 5/6
GomSpace Group has a total shareholder equity of SEK69.0M and total debt of SEK75.6M, which brings its debt-to-equity ratio to 109.4%. Its total assets and total liabilities are SEK312.2M and SEK243.1M respectively.
Key information
109.4%
Debt to equity ratio
SEK 75.56m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 51.07m |
| Equity | SEK 69.04m |
| Total liabilities | SEK 243.13m |
| Total assets | SEK 312.17m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1G2's short term assets (SEK151.1M) exceed its short term liabilities (SEK130.4M).
Long Term Liabilities: 1G2's short term assets (SEK151.1M) exceed its long term liabilities (SEK112.8M).
Debt to Equity History and Analysis
Debt Level: 1G2's net debt to equity ratio (35.5%) is considered satisfactory.
Reducing Debt: 1G2's debt to equity ratio has increased from 10.4% to 109.4% 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: Whilst unprofitable 1G2 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 1G2 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 10.8% per year.