Starbreeze Balance Sheet Health
Financial Health criteria checks 6/6
Starbreeze has a total shareholder equity of SEK894.7M and total debt of SEK10.1M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are SEK1.1B and SEK216.8M respectively. Starbreeze's EBIT is SEK211.7M making its interest coverage ratio -77.3. It has cash and short-term investments of SEK347.8M.
Key information
1.1%
Debt to equity ratio
kr10.13m
Debt
Interest coverage ratio | -77.3x |
Cash | kr347.75m |
Equity | kr894.65m |
Total liabilities | kr216.84m |
Total assets | kr1.11b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2ST's short term assets (SEK574.0M) exceed its short term liabilities (SEK214.8M).
Long Term Liabilities: 2ST's short term assets (SEK574.0M) exceed its long term liabilities (SEK2.0M).
Debt to Equity History and Analysis
Debt Level: 2ST has more cash than its total debt.
Reducing Debt: 2ST's debt to equity ratio has reduced from 111.4% to 1.1% over the past 5 years.
Debt Coverage: 2ST's debt is well covered by operating cash flow (1131.4%).
Interest Coverage: 2ST earns more interest than it pays, so coverage of interest payments is not a concern.