SECITS Holding Balance Sheet Health
Financial Health criteria checks 3/6
SECITS Holding has a total shareholder equity of SEK33.5M and total debt of SEK24.6M, which brings its debt-to-equity ratio to 73.6%. Its total assets and total liabilities are SEK143.9M and SEK110.5M respectively.
Key information
73.6%
Debt to equity ratio
kr24.63m
Debt
Interest coverage ratio | n/a |
Cash | kr11.73m |
Equity | kr33.46m |
Total liabilities | kr110.45m |
Total assets | kr143.91m |
Recent financial health updates
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 16Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?
Aug 29Recent updates
Potential 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 (SEK48.3M) do not cover its short term liabilities (SEK55.3M).
Long Term Liabilities: SECI's short term assets (SEK48.3M) do not cover its long term liabilities (SEK55.1M).
Debt to Equity History and Analysis
Debt Level: SECI's net debt to equity ratio (38.5%) is considered satisfactory.
Reducing Debt: SECI's debt to equity ratio has reduced from 88.6% to 73.6% 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 sufficient cash runway for more than a year 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 grow at historical rates of 5% each year.