Readly International Balance Sheet Health
Financial Health criteria checks 5/6
Readly International has a total shareholder equity of SEK123.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK339.9M and SEK216.9M respectively. Readly International's EBIT is SEK41.6M making its interest coverage ratio -9.6. It has cash and short-term investments of SEK152.4M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | -9.6x |
Cash | SEK 152.41m |
Equity | SEK 122.99m |
Total liabilities | SEK 216.91m |
Total assets | SEK 339.90m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5GS1's short term assets (SEK185.9M) do not cover its short term liabilities (SEK215.5M).
Long Term Liabilities: 5GS1's short term assets (SEK185.9M) exceed its long term liabilities (SEK1.5M).
Debt to Equity History and Analysis
Debt Level: 5GS1 is debt free.
Reducing Debt: 5GS1 has no debt compared to 5 years ago when its debt to equity ratio was 6.4%.
Debt Coverage: 5GS1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5GS1 has no debt, therefore coverage of interest payments is not a concern.