SolTech Energy Sweden Balance Sheet Health
Financial Health criteria checks 5/6
SolTech Energy Sweden has a total shareholder equity of SEK1.0B and total debt of SEK241.9M, which brings its debt-to-equity ratio to 24.1%. Its total assets and total liabilities are SEK2.5B and SEK1.5B respectively. SolTech Energy Sweden's EBIT is SEK55.1M making its interest coverage ratio 2.2. It has cash and short-term investments of SEK189.9M.
Key information
24.1%
Debt to equity ratio
SEK 241.95m
Debt
| Interest coverage ratio | 2.2x |
| Cash | SEK 189.88m |
| Equity | SEK 1.00b |
| Total liabilities | SEK 1.53b |
| Total assets | SEK 2.54b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 7ST's short term assets (SEK1.0B) do not cover its short term liabilities (SEK1.1B).
Long Term Liabilities: 7ST's short term assets (SEK1.0B) exceed its long term liabilities (SEK402.1M).
Debt to Equity History and Analysis
Debt Level: 7ST's net debt to equity ratio (5.2%) is considered satisfactory.
Reducing Debt: 7ST's debt to equity ratio has reduced from 155.1% to 24.1% 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: 7ST has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: 7ST has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 18.9% each year