Precomp Solutions Balance Sheet Health
Financial Health criteria checks 2/6
Precomp Solutions has a total shareholder equity of SEK22.4M and total debt of SEK17.1M, which brings its debt-to-equity ratio to 76.3%. Its total assets and total liabilities are SEK76.5M and SEK54.1M respectively. Precomp Solutions's EBIT is SEK4.5M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK2.1M.
Key information
76.3%
Debt to equity ratio
SEK 17.10m
Debt
| Interest coverage ratio | 1.1x |
| Cash | SEK 2.10m |
| Equity | SEK 22.40m |
| Total liabilities | SEK 54.10m |
| Total assets | SEK 76.50m |
Recent financial health updates
Is Precomp Solutions (STO:PCOM B) Using Too Much Debt?
Apr 27
Here's Why Precomp Solutions (STO:PCOM B) Can Manage Its Debt Responsibly
May 26Is Precomp Solutions (STO:PCOM B) Using Too Much Debt?
Feb 10Recent updates
Precomp Solutions AB (publ)'s (STO:PCOM B) Shares Leap 30% Yet They're Still Not Telling The Full Story
Oct 12Further Upside For Precomp Solutions AB (publ) (STO:PCOM B) Shares Could Introduce Price Risks After 62% Bounce
Aug 26It's A Story Of Risk Vs Reward With Precomp Solutions AB (publ) (STO:PCOM B)
Jul 12The Market Lifts Precomp Solutions AB (publ) (STO:PCOM B) Shares 73% But It Can Do More
Mar 05Is Precomp Solutions (STO:PCOM B) Using Too Much Debt?
Apr 27Estimating The Fair Value Of Precomp Solutions AB (publ) (STO:PCOM B)
Sep 16Here's Why Precomp Solutions (STO:PCOM B) Can Manage Its Debt Responsibly
May 26Is Precomp Solutions (STO:PCOM B) Using Too Much Debt?
Feb 10Financial Position Analysis
Short Term Liabilities: PCOM B's short term assets (SEK25.4M) do not cover its short term liabilities (SEK39.7M).
Long Term Liabilities: PCOM B's short term assets (SEK25.4M) exceed its long term liabilities (SEK14.4M).
Debt to Equity History and Analysis
Debt Level: PCOM B's net debt to equity ratio (67%) is considered high.
Reducing Debt: PCOM B's debt to equity ratio has reduced from 322.4% to 76.3% 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: PCOM B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: PCOM B has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18.5% each year