Finepart Sweden Balance Sheet Health
Financial Health criteria checks 4/6
Finepart Sweden has a total shareholder equity of SEK6.0M and total debt of SEK2.4M, which brings its debt-to-equity ratio to 40.5%. Its total assets and total liabilities are SEK23.7M and SEK17.7M respectively.
Key information
40.5%
Debt to equity ratio
kr2.42m
Debt
| Interest coverage ratio | n/a |
| Cash | kr3.03m |
| Equity | kr5.97m |
| Total liabilities | kr17.74m |
| Total assets | kr23.71m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: FINE's short term assets (SEK14.3M) do not cover its short term liabilities (SEK16.3M).
Long Term Liabilities: FINE's short term assets (SEK14.3M) exceed its long term liabilities (SEK1.4M).
Debt to Equity History and Analysis
Debt Level: FINE has more cash than its total debt.
Reducing Debt: FINE's debt to equity ratio has increased from 12.6% to 40.5% 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: FINE has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: FINE is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.