Actic Group Balance Sheet Health
Financial Health criteria checks 2/6
Actic Group has a total shareholder equity of SEK164.1M and total debt of SEK362.9M, which brings its debt-to-equity ratio to 221.2%. Its total assets and total liabilities are SEK1.2B and SEK1.1B respectively. Actic Group's EBIT is SEK9.0M making its interest coverage ratio 0.2. It has cash and short-term investments of SEK14.9M.
Key information
221.2%
Debt to equity ratio
SEK 362.87m
Debt
| Interest coverage ratio | 0.2x |
| Cash | SEK 14.91m |
| Equity | SEK 164.07m |
| Total liabilities | SEK 1.07b |
| Total assets | SEK 1.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8XA's short term assets (SEK72.9M) do not cover its short term liabilities (SEK327.7M).
Long Term Liabilities: 8XA's short term assets (SEK72.9M) do not cover its long term liabilities (SEK738.5M).
Debt to Equity History and Analysis
Debt Level: 8XA's net debt to equity ratio (212.1%) is considered high.
Reducing Debt: 8XA's debt to equity ratio has increased from 150.4% to 221.2% 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 8XA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8XA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 7.8% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/19 08:59 |
| End of Day Share Price | 2024/12/19 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Actic Group AB (publ) is covered by 3 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Niklas Ekman | Carnegie Investment Bank AB |
| Karl-Johan Bonnevier | DNB Markets |
| Stefan Erik Andersson | SEB |