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