Obducat Balance Sheet Health
Financial Health criteria checks 1/6
Obducat has a total shareholder equity of SEK5.6M and total debt of SEK23.2M, which brings its debt-to-equity ratio to 417.6%. Its total assets and total liabilities are SEK105.2M and SEK99.7M respectively. Obducat's EBIT is SEK222.0K making its interest coverage ratio 0. It has cash and short-term investments of SEK1.4M.
Key information
417.6%
Debt to equity ratio
kr23.22m
Debt
| Interest coverage ratio | 0.04x |
| Cash | kr1.42m |
| Equity | kr5.56m |
| Total liabilities | kr99.68m |
| Total assets | kr105.24m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: OBD's short term assets (SEK62.3M) do not cover its short term liabilities (SEK98.6M).
Long Term Liabilities: OBD's short term assets (SEK62.3M) exceed its long term liabilities (SEK1.1M).
Debt to Equity History and Analysis
Debt Level: OBD's net debt to equity ratio (392.1%) is considered high.
Reducing Debt: OBD's debt to equity ratio has increased from 13.7% to 417.6% 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: OBD has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: OBD has less than a year of cash runway if free cash flow continues to grow at historical rates of 17.2% each year.