CTEK Balance Sheet Health
Financial Health criteria checks 5/6
CTEK has a total shareholder equity of SEK735.6M and total debt of SEK398.1M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are SEK1.4B and SEK686.9M respectively. CTEK's EBIT is SEK51.8M making its interest coverage ratio 1.8. It has cash and short-term investments of SEK120.4M.
Key information
54.1%
Debt to equity ratio
kr398.10m
Debt
| Interest coverage ratio | 1.8x |
| Cash | kr120.40m |
| Equity | kr735.60m |
| Total liabilities | kr686.90m |
| Total assets | kr1.42b |
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 (SEK484.8M) exceed its short term liabilities (SEK175.8M).
Long Term Liabilities: CTEK's short term assets (SEK484.8M) do not cover its long term liabilities (SEK511.1M).
Debt to Equity History and Analysis
Debt Level: CTEK's net debt to equity ratio (37.8%) is considered satisfactory.
Reducing Debt: CTEK's debt to equity ratio has reduced from 486.8% to 54.1% 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 31% per year.