EatGood Sweden Balance Sheet Health
Financial Health criteria checks 3/6
EatGood Sweden has a total shareholder equity of SEK5.2M and total debt of SEK1.8M, which brings its debt-to-equity ratio to 34.3%. Its total assets and total liabilities are SEK9.6M and SEK4.4M respectively.
Key information
34.3%
Debt to equity ratio
SEK 1.79m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 297.00k |
| Equity | SEK 5.20m |
| Total liabilities | SEK 4.44m |
| Total assets | SEK 9.64m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EATG's short term assets (SEK9.5M) exceed its short term liabilities (SEK2.7M).
Long Term Liabilities: EATG's short term assets (SEK9.5M) exceed its long term liabilities (SEK1.8M).
Debt to Equity History and Analysis
Debt Level: EATG's net debt to equity ratio (28.6%) is considered satisfactory.
Reducing Debt: EATG's debt to equity ratio has increased from 7% to 34.3% 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: EATG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: EATG has less than a year of cash runway if free cash flow continues to grow at historical rates of 9% each year.