Maven Wireless Sweden Balance Sheet Health
Financial Health criteria checks 6/6
Maven Wireless Sweden has a total shareholder equity of SEK116.2M and total debt of SEK1.2M, which brings its debt-to-equity ratio to 1%. Its total assets and total liabilities are SEK173.3M and SEK57.1M respectively. Maven Wireless Sweden's EBIT is SEK14.8M making its interest coverage ratio 31.5. It has cash and short-term investments of SEK10.4M.
Key information
1.0%
Debt to equity ratio
SEK 1.20m
Debt
| Interest coverage ratio | 31.5x |
| Cash | SEK 10.43m |
| Equity | SEK 116.17m |
| Total liabilities | SEK 57.13m |
| Total assets | SEK 173.29m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 96W's short term assets (SEK82.9M) exceed its short term liabilities (SEK55.4M).
Long Term Liabilities: 96W's short term assets (SEK82.9M) exceed its long term liabilities (SEK1.7M).
Debt to Equity History and Analysis
Debt Level: 96W has more cash than its total debt.
Reducing Debt: 96W's debt to equity ratio has reduced from 32.2% to 1% over the past 5 years.
Debt Coverage: 96W's debt is well covered by operating cash flow (1276.7%).
Interest Coverage: 96W's interest payments on its debt are well covered by EBIT (31.5x coverage).