Pierce Group Balance Sheet Health

Financial Health criteria checks 6/6

Pierce Group has a total shareholder equity of SEK666.0M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK1.0B and SEK375.0M respectively.

Key information

0%

Debt to equity ratio

SEK 0

Debt

Interest coverage ration/a
CashSEK 261.00m
EquitySEK 666.00m
Total liabilitiesSEK 375.00m
Total assetsSEK 1.04b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 959's short term assets (SEK690.0M) exceed its short term liabilities (SEK340.0M).

Long Term Liabilities: 959's short term assets (SEK690.0M) exceed its long term liabilities (SEK35.0M).


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 787%.


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 35.4% per year.


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