Readly International AB (publ)

DB:5GS1 Stock Report

Market Cap: €53.9m

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
CashSEK 152.41m
EquitySEK 122.99m
Total liabilitiesSEK 216.91m
Total assetsSEK 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.


Balance Sheet


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