Irisity Balance Sheet Health
Financial Health criteria checks 3/6
Irisity has a total shareholder equity of SEK648.5M and total debt of SEK19.5M, which brings its debt-to-equity ratio to 3%. Its total assets and total liabilities are SEK793.4M and SEK144.8M respectively.
Key information
3.0%
Debt to equity ratio
SEK 19.48m
Debt
Interest coverage ratio | n/a |
Cash | SEK 6.76m |
Equity | SEK 648.53m |
Total liabilities | SEK 144.82m |
Total assets | SEK 793.35m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 69M's short term assets (SEK96.2M) exceed its short term liabilities (SEK67.2M).
Long Term Liabilities: 69M's short term assets (SEK96.2M) exceed its long term liabilities (SEK77.7M).
Debt to Equity History and Analysis
Debt Level: 69M's net debt to equity ratio (2%) is considered satisfactory.
Reducing Debt: 69M's debt to equity ratio has increased from 0% to 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: 69M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 69M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 27.5% each year