Fragbite Group Balance Sheet Health
Financial Health criteria checks 2/6
Fragbite Group has a total shareholder equity of SEK117.8M and total debt of SEK28.3M, which brings its debt-to-equity ratio to 24%. Its total assets and total liabilities are SEK232.8M and SEK115.0M respectively.
Key information
24.0%
Debt to equity ratio
SEK 28.30m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 5.69m |
| Equity | SEK 117.81m |
| Total liabilities | SEK 115.01m |
| Total assets | SEK 232.82m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5ZD's short term assets (SEK45.3M) do not cover its short term liabilities (SEK93.6M).
Long Term Liabilities: 5ZD's short term assets (SEK45.3M) exceed its long term liabilities (SEK21.4M).
Debt to Equity History and Analysis
Debt Level: 5ZD's net debt to equity ratio (19.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 5ZD's debt to equity ratio has reduced over the past 5 years.
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: 5ZD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 5ZD has less than a year of cash runway if free cash flow continues to reduce at historical rates of 48.2% each year