Spiffbet Balance Sheet Health

Financial Health criteria checks 3/6

Spiffbet has a total shareholder equity of SEK21.4M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK49.7M and SEK28.4M respectively.

Key information

0%

Debt to equity ratio

kr0

Debt

Interest coverage ration/a
Cashkr619.00k
Equitykr21.35m
Total liabilitieskr28.39m
Total assetskr49.74m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 2AK's short term assets (SEK10.4M) do not cover its short term liabilities (SEK21.3M).

Long Term Liabilities: 2AK's short term assets (SEK10.4M) exceed its long term liabilities (SEK7.1M).


Debt to Equity History and Analysis

Debt Level: 2AK is debt free.

Reducing Debt: 2AK had no debt 5 years ago.


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: 2AK has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: 2AK has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.4% each year


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