SpectrumOne Balance Sheet Health
Financial Health criteria checks 4/6
SpectrumOne has a total shareholder equity of SEK119.0M and total debt of SEK25.0M, which brings its debt-to-equity ratio to 21%. Its total assets and total liabilities are SEK174.2M and SEK55.2M respectively.
Key information
21.0%
Debt to equity ratio
SEK 24.98m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.27m |
| Equity | SEK 119.05m |
| Total liabilities | SEK 55.16m |
| Total assets | SEK 174.20m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9TE's short term assets (SEK47.3M) exceed its short term liabilities (SEK27.6M).
Long Term Liabilities: 9TE's short term assets (SEK47.3M) exceed its long term liabilities (SEK27.6M).
Debt to Equity History and Analysis
Debt Level: 9TE's net debt to equity ratio (18.2%) is considered satisfactory.
Reducing Debt: 9TE's debt to equity ratio has reduced from 40.3% to 21% over the past 5 years.
Debt Coverage: 9TE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 9TE's interest payments on its debt are well covered by EBIT.