Pierce Group Balance Sheet Health

Financial Health criteria checks 6/6

Pierce Group has a total shareholder equity of SEK668.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK1.1B and SEK386.0M respectively.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ration/a
CashSEK 350.00m
EquitySEK 668.00m
Total liabilitiesSEK 386.00m
Total assetsSEK 1.05b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 959's short term assets (SEK687.0M) exceed its short term liabilities (SEK343.0M).

Long Term Liabilities: 959's short term assets (SEK687.0M) exceed its long term liabilities (SEK43.0M).


Debt to Equity History and Analysis

Debt Level: 959 is debt free.

Reducing Debt: 959 has no debt compared to 5 years ago when its debt to equity ratio was 617.7%.


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: Whilst unprofitable 959 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.

Forecast Cash Runway: 959 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 34.7% per year.


Discover healthy companies