Storytel Balance Sheet Health
Financial Health criteria checks 4/6
Storytel has a total shareholder equity of SEK1.3B and total debt of SEK650.0M, which brings its debt-to-equity ratio to 48.9%. Its total assets and total liabilities are SEK3.0B and SEK1.7B respectively. Storytel's EBIT is SEK5.8M making its interest coverage ratio 0.1. It has cash and short-term investments of SEK448.2M.
Key information
48.9%
Debt to equity ratio
SEK 650.00m
Debt
| Interest coverage ratio | 0.1x |
| Cash | SEK 448.16m |
| Equity | SEK 1.33b |
| Total liabilities | SEK 1.70b |
| Total assets | SEK 3.03b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0GBU's short term assets (SEK1.0B) do not cover its short term liabilities (SEK1.5B).
Long Term Liabilities: 0GBU's short term assets (SEK1.0B) exceed its long term liabilities (SEK165.6M).
Debt to Equity History and Analysis
Debt Level: 0GBU's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: 0GBU's debt to equity ratio has increased from 48.6% to 48.9% 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: Whilst unprofitable 0GBU has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0GBU is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 15% per year.