Sound Dimension Balance Sheet Health
Financial Health criteria checks 4/6
Sound Dimension has a total shareholder equity of SEK2.5M and total debt of SEK2.3M, which brings its debt-to-equity ratio to 90.3%. Its total assets and total liabilities are SEK6.9M and SEK4.4M respectively.
Key information
90.3%
Debt to equity ratio
kr2.30m
Debt
Interest coverage ratio | n/a |
Cash | kr2.21m |
Equity | kr2.54m |
Total liabilities | kr4.38m |
Total assets | kr6.93m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SOUND's short term assets (SEK2.4M) do not cover its short term liabilities (SEK3.0M).
Long Term Liabilities: SOUND's short term assets (SEK2.4M) exceed its long term liabilities (SEK1.4M).
Debt to Equity History and Analysis
Debt Level: SOUND's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: SOUND's debt to equity ratio has increased from 62.8% to 90.3% 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: SOUND has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SOUND is forecast to have sufficient cash runway for 3 months based on free cash flow estimates, but has since raised additional capital.