SPARK Technology Balance Sheet Health
Financial Health criteria checks 2/6
SPARK Technology has a total shareholder equity of DKK152.2M and total debt of DKK52.1M, which brings its debt-to-equity ratio to 34.2%. Its total assets and total liabilities are DKK247.7M and DKK95.5M respectively.
Key information
34.2%
Debt to equity ratio
kr.52.07m
Debt
Interest coverage ratio | n/a |
Cash | kr.9.44m |
Equity | kr.152.22m |
Total liabilities | kr.95.47m |
Total assets | kr.247.70m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPARK's short term assets (DKK53.9M) do not cover its short term liabilities (DKK70.0M).
Long Term Liabilities: SPARK's short term assets (DKK53.9M) exceed its long term liabilities (DKK25.5M).
Debt to Equity History and Analysis
Debt Level: SPARK's net debt to equity ratio (28%) is considered satisfactory.
Reducing Debt: SPARK's debt to equity ratio has increased from 0% to 34.2% 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: Insufficient data to determine if SPARK has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if SPARK has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.