Litium Balance Sheet Health
Financial Health criteria checks 6/6
Litium has a total shareholder equity of SEK84.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK101.8M and SEK17.5M respectively. Litium's EBIT is SEK171.9K making its interest coverage ratio 4. It has cash and short-term investments of SEK7.8M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 4x |
| Cash | SEK 7.77m |
| Equity | SEK 84.30m |
| Total liabilities | SEK 17.55m |
| Total assets | SEK 101.85m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 5TW's short term assets (SEK22.9M) exceed its short term liabilities (SEK17.5M).
Long Term Liabilities: 5TW has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: 5TW is debt free.
Reducing Debt: 5TW has no debt compared to 5 years ago when its debt to equity ratio was 5.3%.
Debt Coverage: 5TW has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 5TW has no debt, therefore coverage of interest payments is not a concern.