Pierce Group Balance Sheet Health
Financial Health criteria checks 6/6
Pierce Group has a total shareholder equity of SEK654.0M 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 SEK366.0M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
Interest coverage ratio | n/a |
Cash | kr278.00m |
Equity | kr654.00m |
Total liabilities | kr366.00m |
Total assets | kr1.02b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 959's short term assets (SEK638.0M) exceed its short term liabilities (SEK316.0M).
Long Term Liabilities: 959's short term assets (SEK638.0M) exceed its long term liabilities (SEK50.0M).
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 485.3%.
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 26.4% per year.