Midsummer Balance Sheet Health
Financial Health criteria checks 2/6
Midsummer has a total shareholder equity of SEK110.0M and total debt of SEK235.0M, which brings its debt-to-equity ratio to 213.6%. Its total assets and total liabilities are SEK465.3M and SEK355.2M respectively.
Key information
213.6%
Debt to equity ratio
SEK 235.04m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 95.84m |
| Equity | SEK 110.05m |
| Total liabilities | SEK 355.22m |
| Total assets | SEK 465.26m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5UX's short term assets (SEK192.2M) exceed its short term liabilities (SEK109.8M).
Long Term Liabilities: 5UX's short term assets (SEK192.2M) do not cover its long term liabilities (SEK245.4M).
Debt to Equity History and Analysis
Debt Level: 5UX's net debt to equity ratio (126.5%) is considered high.
Reducing Debt: 5UX's debt to equity ratio has increased from 147.2% to 213.6% over the past 5 years.
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: 5UX has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if 5UX has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.