FlexQube Balance Sheet Health
Financial Health criteria checks 3/6
FlexQube has a total shareholder equity of SEK83.4M and total debt of SEK43.1M, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are SEK171.4M and SEK88.1M respectively.
Key information
51.7%
Debt to equity ratio
kr43.06m
Debt
| Interest coverage ratio | n/a |
| Cash | kr48.56m |
| Equity | kr83.36m |
| Total liabilities | kr88.06m |
| Total assets | kr171.42m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FLEXQ's short term assets (SEK140.8M) exceed its short term liabilities (SEK82.2M).
Long Term Liabilities: FLEXQ's short term assets (SEK140.8M) exceed its long term liabilities (SEK5.9M).
Debt to Equity History and Analysis
Debt Level: FLEXQ has more cash than its total debt.
Reducing Debt: FLEXQ's debt to equity ratio has increased from 0% to 51.7% 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: FLEXQ has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FLEXQ has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.7% each year