Movinn Balance Sheet Health
Financial Health criteria checks 2/6
Movinn has a total shareholder equity of DKK19.8M and total debt of DKK22.0M, which brings its debt-to-equity ratio to 110.8%. Its total assets and total liabilities are DKK51.6M and DKK31.8M respectively.
Key information
110.8%
Debt to equity ratio
kr.21.95m
Debt
| Interest coverage ratio | n/a |
| Cash | kr.4.88m |
| Equity | kr.19.81m |
| Total liabilities | kr.31.77m |
| Total assets | kr.51.58m |
Recent financial health updates
Recent updates
A Piece Of The Puzzle Missing From Movinn A/S' (CPH:MOVINN) 28% Share Price Climb
Jun 16
Even With A 26% Surge, Cautious Investors Are Not Rewarding Movinn A/S' (CPH:MOVINN) Performance Completely
Apr 26Would Movinn (CPH:MOVINN) Be Better Off With Less Debt?
Apr 24Positive Sentiment Still Eludes Movinn A/S (CPH:MOVINN) Following 25% Share Price Slump
Feb 09Not Many Are Piling Into Movinn A/S (CPH:MOVINN) Just Yet
Nov 12Estimating The Fair Value Of Movinn A/S (CPH:MOVINN)
Apr 03Financial Position Analysis
Short Term Liabilities: MOVINN's short term assets (DKK12.5M) exceed its short term liabilities (DKK12.0M).
Long Term Liabilities: MOVINN's short term assets (DKK12.5M) do not cover its long term liabilities (DKK19.8M).
Debt to Equity History and Analysis
Debt Level: MOVINN's net debt to equity ratio (86.2%) is considered high.
Reducing Debt: Insufficient data to determine if MOVINN'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: MOVINN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: MOVINN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 37% each year