Candles Scandinavia Balance Sheet Health
Financial Health criteria checks 4/6
Candles Scandinavia has a total shareholder equity of SEK94.9M and total debt of SEK13.5M, which brings its debt-to-equity ratio to 14.2%. Its total assets and total liabilities are SEK119.6M and SEK24.7M respectively.
Key information
14.2%
Debt to equity ratio
kr13.50m
Debt
| Interest coverage ratio | n/a |
| Cash | kr22.77m |
| Equity | kr94.91m |
| Total liabilities | kr24.66m |
| Total assets | kr119.57m |
Recent financial health updates
No updates
Recent updates
Candles Scandinavia AB (publ) Beat Revenue Forecasts By 31%: Here's What Analysts Are Forecasting Next
Mar 01
Revenue Beat: Candles Scandinavia AB (publ) Beat Analyst Estimates By 31%
Dec 01Candles Scandinavia AB (publ) (STO:CANDLE B) Analysts Are Reducing Their Forecasts For This Year
Jun 16This Candles Scandinavia AB (publ) (STO:CANDLE B) Analyst Just Made A Noteworthy 13% Cut To Their Forecasts
Mar 08Candles Scandinavia AB (publ) (STO:CANDLE B) Shares Could Be 42% Below Their Intrinsic Value Estimate
Aug 11A Look At The Fair Value Of Candles Scandinavia AB (publ) (STO:CANDLE B)
Mar 24Financial Position Analysis
Short Term Liabilities: CANDLE B's short term assets (SEK92.1M) exceed its short term liabilities (SEK11.2M).
Long Term Liabilities: CANDLE B's short term assets (SEK92.1M) exceed its long term liabilities (SEK13.5M).
Debt to Equity History and Analysis
Debt Level: CANDLE B has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CANDLE B's debt to equity ratio has reduced 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: CANDLE B has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if CANDLE B has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.