SolTech Energy Sweden Balance Sheet Health
Financial Health criteria checks 6/6
SolTech Energy Sweden has a total shareholder equity of SEK1.0B and total debt of SEK195.9M, which brings its debt-to-equity ratio to 19.3%. Its total assets and total liabilities are SEK2.5B and SEK1.5B respectively. SolTech Energy Sweden's EBIT is SEK38.2M making its interest coverage ratio 2.2. It has cash and short-term investments of SEK259.1M.
Key information
19.3%
Debt to equity ratio
SEK 195.88m
Debt
| Interest coverage ratio | 2.2x |
| Cash | SEK 259.15m |
| Equity | SEK 1.02b |
| 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 (SEK1.1B) exceed its short term liabilities (SEK1.0B).
Long Term Liabilities: 7ST's short term assets (SEK1.1B) exceed its long term liabilities (SEK503.6M).
Debt to Equity History and Analysis
Debt Level: 7ST has more cash than its total debt.
Reducing Debt: 7ST's debt to equity ratio has reduced from 267.9% to 19.3% 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: 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 16.9% each year