S2Medical Balance Sheet Health
Financial Health criteria checks 5/6
S2Medical has a total shareholder equity of SEK10.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK17.6M and SEK7.5M respectively. S2Medical's EBIT is SEK2.2M making its interest coverage ratio 0.5. It has cash and short-term investments of SEK1.4M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 0.5x |
| Cash | SEK 1.37m |
| Equity | SEK 10.14m |
| Total liabilities | SEK 7.48m |
| Total assets | SEK 17.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: S21's short term assets (SEK5.1M) do not cover its short term liabilities (SEK7.5M).
Long Term Liabilities: S21 has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: S21 is debt free.
Reducing Debt: S21 has no debt compared to 5 years ago when its debt to equity ratio was 5.5%.
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 S21 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: S21 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 3.6% per year.