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 ratio
n/a
Cash
SEK 350.00m
Equity
SEK 668.00m
Total liabilities
SEK 386.00m
Total assets
SEK 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.