Readly International Balance Sheet Health
Financial Health criteria checks 4/6
Readly International has a total shareholder equity of SEK133.9M and total debt of SEK30.6M, which brings its debt-to-equity ratio to 22.9%. Its total assets and total liabilities are SEK461.3M and SEK327.4M respectively.
Key information
22.9%
Debt to equity ratio
SEK 30.62m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 251.67m |
| Equity | SEK 133.93m |
| Total liabilities | SEK 327.40m |
| Total assets | SEK 461.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: READS's short term assets (SEK279.4M) do not cover its short term liabilities (SEK285.6M).
Long Term Liabilities: READS's short term assets (SEK279.4M) exceed its long term liabilities (SEK41.8M).
Debt to Equity History and Analysis
Debt Level: READS has more cash than its total debt.
Reducing Debt: Insufficient data to determine if READS'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: READS has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: READS has sufficient cash runway for 2.1 years if free cash flow continues to reduce at historical rates of 21.4% each year.