SECITS Holding Balance Sheet Health
Financial Health criteria checks 0/6
SECITS Holding has a total shareholder equity of SEK9.4M and total debt of SEK23.1M, which brings its debt-to-equity ratio to 244.4%. Its total assets and total liabilities are SEK107.7M and SEK98.3M respectively.
Key information
244.4%
Debt to equity ratio
SEK 23.06m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 563.00k |
| Equity | SEK 9.43m |
| Total liabilities | SEK 98.27m |
| Total assets | SEK 107.70m |
Recent financial health updates
Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Apr 19
Is SECITS Holding (STO:SECI) Weighed On By Its Debt Load?
Aug 04Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Mar 15Health Check: How Prudently Does SECITS Holding (STO:SECI) Use Debt?
Aug 31Is SECITS Holding (STO:SECI) Using Debt In A Risky Way?
May 17SECITS Holding (STO:SECI) Is Carrying A Fair Bit Of Debt
Dec 16Recent updates
Market Cool On SECITS Holding AB (publ)'s (STO:SECI) Revenues Pushing Shares 40% Lower
Sep 17Take Care Before Jumping Onto SECITS Holding AB (publ) (STO:SECI) Even Though It's 27% Cheaper
Jun 28Slammed 29% SECITS Holding AB (publ) (STO:SECI) Screens Well Here But There Might Be A Catch
May 11Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Apr 19Potential Upside For SECITS Holding AB (publ) (STO:SECI) Not Without Risk
Jan 28Slammed 30% SECITS Holding AB (publ) (STO:SECI) Screens Well Here But There Might Be A Catch
Aug 25Is SECITS Holding (STO:SECI) Weighed On By Its Debt Load?
Aug 04Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Mar 15Health Check: How Prudently Does SECITS Holding (STO:SECI) Use Debt?
Aug 31Is SECITS Holding (STO:SECI) Using Debt In A Risky Way?
May 17SECITS Holding (STO:SECI) Is Carrying A Fair Bit Of Debt
Dec 16Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Aug 29Did SECITS Holding AB (publ) (STO:SECI) Insiders Sell Shares?
Dec 18Financial Position Analysis
Short Term Liabilities: SECI's short term assets (SEK28.3M) do not cover its short term liabilities (SEK49.7M).
Long Term Liabilities: SECI's short term assets (SEK28.3M) do not cover its long term liabilities (SEK48.5M).
Debt to Equity History and Analysis
Debt Level: SECI's net debt to equity ratio (238.5%) is considered high.
Reducing Debt: SECI's debt to equity ratio has increased from 106.9% to 244.4% 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: SECI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SECI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.3% each year
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/08 07:08 |
| End of Day Share Price | 2025/01/08 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SECITS Holding AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Stefan Knutsson | ABG Sundal Collier Sponsored |