Candles Scandinavia Balance Sheet Health
Financial Health criteria checks 4/6
Candles Scandinavia has a total shareholder equity of SEK94.9M and total debt of SEK13.5M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are SEK119.6M and SEK24.7M respectively.
Key information
14.2%
Debt to equity ratio
kr13.50m
Debt
Interest coverage ratio | n/a |
Cash | kr22.77m |
Equity | kr94.91m |
Total liabilities | kr24.66m |
Total assets | kr119.57m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LY7's short term assets (SEK92.1M) exceed its short term liabilities (SEK11.2M).
Long Term Liabilities: LY7's short term assets (SEK92.1M) exceed its long term liabilities (SEK13.5M).
Debt to Equity History and Analysis
Debt Level: LY7 has more cash than its total debt.
Reducing Debt: Insufficient data to determine if LY7's debt to equity ratio has reduced 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: LY7 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if LY7 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.