Desenio Group Balance Sheet Health
Financial Health criteria checks 1/6
Desenio Group has a total shareholder equity of SEK-77.0M and total debt of SEK1.2B, which brings its debt-to-equity ratio to -1533.4%. Its total assets and total liabilities are SEK1.3B and SEK1.3B respectively. Desenio Group's EBIT is SEK76.0M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK72.5M.
Key information
-1,533.4%
Debt to equity ratio
SEK 1.18b
Debt
| Interest coverage ratio | 0.7x |
| Cash | SEK 72.50m |
| Equity | -SEK 77.00m |
| Total liabilities | SEK 1.33b |
| Total assets | SEK 1.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 879 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 879 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 879 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 879's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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: 879 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 879 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 52.7% each year