Seafire Balance Sheet Health
Financial Health criteria checks 6/6
Seafire has a total shareholder equity of SEK684.0M and total debt of SEK223.0M, which brings its debt-to-equity ratio to 32.6%. Its total assets and total liabilities are SEK1.3B and SEK604.0M respectively.
Key information
32.6%
Debt to equity ratio
SEK 223.00m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 60.00m |
| Equity | SEK 684.00m |
| Total liabilities | SEK 604.00m |
| Total assets | SEK 1.29b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OJ3's short term assets (SEK433.0M) exceed its short term liabilities (SEK356.0M).
Long Term Liabilities: OJ3's short term assets (SEK433.0M) exceed its long term liabilities (SEK248.0M).
Debt to Equity History and Analysis
Debt Level: OJ3's net debt to equity ratio (23.8%) is considered satisfactory.
Reducing Debt: OJ3's debt to equity ratio has reduced from 462.9% to 32.6% 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 OJ3 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: OJ3 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.8% per year.