CTEK Balance Sheet Health
Financial Health criteria checks 4/6
CTEK has a total shareholder equity of SEK735.1M and total debt of SEK497.7M, which brings its debt-to-equity ratio to 67.7%. Its total assets and total liabilities are SEK1.5B and SEK781.3M respectively. CTEK's EBIT is SEK37.9M making its interest coverage ratio 1. It has cash and short-term investments of SEK192.3M.
Key information
67.7%
Debt to equity ratio
kr497.70m
Debt
| Interest coverage ratio | 1x |
| Cash | kr192.30m |
| Equity | kr735.10m |
| Total liabilities | kr781.30m |
| Total assets | kr1.52b |
Recent financial health updates
Recent updates
CTEK (STO:CTEK) Is Making Moderate Use Of Debt
Apr 22
CTEK AB (publ)'s (STO:CTEK) Business Is Yet to Catch Up With Its Share Price
Dec 20CTEK (STO:CTEK) Could Be Struggling To Allocate Capital
Mar 12What You Can Learn From CTEK AB (publ)'s (STO:CTEK) P/E After Its 25% Share Price Crash
Nov 22Downgrade: Here's How This Analyst Sees CTEK AB (publ) (STO:CTEK) Performing In The Near Term
Nov 17Estimating The Fair Value Of CTEK AB (publ) (STO:CTEK)
Feb 08Financial Position Analysis
Short Term Liabilities: CTEK's short term assets (SEK580.3M) exceed its short term liabilities (SEK171.0M).
Long Term Liabilities: CTEK's short term assets (SEK580.3M) do not cover its long term liabilities (SEK610.3M).
Debt to Equity History and Analysis
Debt Level: CTEK's net debt to equity ratio (41.5%) is considered high.
Reducing Debt: CTEK's debt to equity ratio has reduced from 507.6% to 67.7% 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 CTEK has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: CTEK is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 45.4% per year.