MoveByBike Europe Balance Sheet Health
Financial Health criteria checks 2/6
MoveByBike Europe has a total shareholder equity of SEK-26.8M and total debt of SEK3.6M, which brings its debt-to-equity ratio to -13.5%. Its total assets and total liabilities are SEK17.9M and SEK44.6M respectively.
Key information
-13.5%
Debt to equity ratio
SEK 3.60m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 2.00m |
| Equity | -SEK 26.77m |
| Total liabilities | SEK 44.63m |
| Total assets | SEK 17.86m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6ZR has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: 6ZR has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: 6ZR has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: 6ZR's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 6ZR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 6ZR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 72.5% per year.