Thunderful Group Balance Sheet Health
Financial Health criteria checks 4/6
Thunderful Group has a total shareholder equity of SEK1.1B and total debt of SEK18.7M, which brings its debt-to-equity ratio to 1.7%. Its total assets and total liabilities are SEK1.4B and SEK339.9M respectively.
Key information
1.7%
Debt to equity ratio
SEK 18.70m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 20.50m |
| Equity | SEK 1.08b |
| Total liabilities | SEK 339.90m |
| Total assets | SEK 1.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JH's short term assets (SEK150.0M) exceed its short term liabilities (SEK131.4M).
Long Term Liabilities: 8JH's short term assets (SEK150.0M) do not cover its long term liabilities (SEK208.5M).
Debt to Equity History and Analysis
Debt Level: 8JH has more cash than its total debt.
Reducing Debt: Insufficient data to determine if 8JH's debt to equity ratio has reduced 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: Whilst unprofitable 8JH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 8JH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 48.2% per year.