BrightBid Group Balance Sheet Health
Financial Health criteria checks 2/6
BrightBid Group has a total shareholder equity of SEK68.1M and total debt of SEK1.9M, which brings its debt-to-equity ratio to 2.8%. Its total assets and total liabilities are SEK143.8M and SEK75.7M respectively.
Key information
2.8%
Debt to equity ratio
SEK 1.88m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 6.98m |
| Equity | SEK 68.14m |
| Total liabilities | SEK 75.70m |
| Total assets | SEK 143.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 23WA's short term assets (SEK26.8M) do not cover its short term liabilities (SEK62.7M).
Long Term Liabilities: 23WA's short term assets (SEK26.8M) exceed its long term liabilities (SEK13.0M).
Debt to Equity History and Analysis
Debt Level: 23WA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 23WA'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: 23WA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 23WA has less than a year of cash runway if free cash flow continues to reduce at historical rates of 55.9% each year