Spiffbet Balance Sheet Health
Financial Health criteria checks 3/6
Spiffbet has a total shareholder equity of SEK1.8M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK30.0M and SEK28.2M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 552.00k |
| Equity | SEK 1.82m |
| Total liabilities | SEK 28.18m |
| Total assets | SEK 30.00m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2AK's short term assets (SEK7.4M) do not cover its short term liabilities (SEK24.5M).
Long Term Liabilities: 2AK's short term assets (SEK7.4M) exceed its long term liabilities (SEK3.7M).
Debt to Equity History and Analysis
Debt Level: 2AK is debt free.
Reducing Debt: 2AK has no debt compared to 5 years ago when its debt to equity ratio was 66.8%.
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 grow at historical rates of 4.5% each year.