Lyckegård Group Balance Sheet Health
Financial Health criteria checks 4/6
Lyckegård Group has a total shareholder equity of SEK56.9M and total debt of SEK38.2M, which brings its debt-to-equity ratio to 67.3%. Its total assets and total liabilities are SEK164.3M and SEK107.4M respectively.
Key information
67.3%
Debt to equity ratio
kr38.25m
Debt
| Interest coverage ratio | n/a |
| Cash | kr2.92m |
| Equity | kr56.86m |
| Total liabilities | kr107.41m |
| Total assets | kr164.27m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: LYGRD's short term assets (SEK95.8M) exceed its short term liabilities (SEK76.3M).
Long Term Liabilities: LYGRD's short term assets (SEK95.8M) exceed its long term liabilities (SEK31.1M).
Debt to Equity History and Analysis
Debt Level: LYGRD's net debt to equity ratio (62.1%) is considered high.
Reducing Debt: Insufficient data to determine if LYGRD's debt to equity ratio has reduced 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: LYGRD has sufficient cash runway for 9 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: LYGRD is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.