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 ration/a
Cashkr11.73m
Equitykr33.46m
Total liabilitieskr110.45m
Total assetskr143.91m

Recent financial health updates

Recent updates

Potential Upside For SECITS Holding AB (publ) (STO:SECI) Not Without Risk

Jan 28
Potential Upside For SECITS Holding AB (publ) (STO:SECI) Not Without Risk

Slammed 30% SECITS Holding AB (publ) (STO:SECI) Screens Well Here But There Might Be A Catch

Aug 25
Slammed 30% SECITS Holding AB (publ) (STO:SECI) Screens Well Here But There Might Be A Catch

Is SECITS Holding (STO:SECI) Weighed On By Its Debt Load?

Aug 04
Is SECITS Holding (STO:SECI) Weighed On By Its Debt Load?

Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?

Mar 15
Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?

Health Check: How Prudently Does SECITS Holding (STO:SECI) Use Debt?

Aug 31
Health Check: How Prudently Does SECITS Holding (STO:SECI) Use Debt?

Is SECITS Holding (STO:SECI) Using Debt In A Risky Way?

May 17
Is SECITS Holding (STO:SECI) Using Debt In A Risky Way?

SECITS Holding (STO:SECI) Is Carrying A Fair Bit Of Debt

Dec 16
SECITS Holding (STO:SECI) Is Carrying A Fair Bit Of Debt

Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?

Aug 29
Does SECITS Holding (STO:SECI) Have A Healthy Balance Sheet?

Did SECITS Holding AB (publ) (STO:SECI) Insiders Sell Shares?

Dec 18
Did SECITS Holding AB (publ) (STO:SECI) Insiders Sell Shares?

Financial 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.


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