Bodyflight Sweden Balance Sheet Health
Financial Health criteria checks 4/6
Bodyflight Sweden has a total shareholder equity of SEK58.3M and total debt of SEK9.9M, which brings its debt-to-equity ratio to 17%. Its total assets and total liabilities are SEK94.0M and SEK35.7M respectively. Bodyflight Sweden's EBIT is SEK2.0M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK79.0K.
Key information
17.0%
Debt to equity ratio
SEK 9.94m
Debt
| Interest coverage ratio | 1.2x |
| Cash | SEK 79.00k |
| Equity | SEK 58.32m |
| Total liabilities | SEK 35.69m |
| Total assets | SEK 94.00m |
Recent financial health updates
We Think Bodyflight Sweden (NGM:BODY) Is Taking Some Risk With Its Debt
Feb 02
Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
Jun 09Bodyflight Sweden (NGM:BODY) Use Of Debt Could Be Considered Risky
Jan 27Is Bodyflight Sweden (NGM:BODY) Using Too Much Debt?
Sep 12Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
May 30Here's Why Bodyflight Sweden (NGM:BODY) Is Weighed Down By Its Debt Load
Jan 13Recent updates
Why Investors Shouldn't Be Surprised By Bodyflight Sweden AB (publ)'s (NGM:BODY) Low P/E
Jul 16Bodyflight Sweden AB (publ)'s (NGM:BODY) Shares Bounce 31% But Its Business Still Trails The Market
Dec 29We Think Bodyflight Sweden (NGM:BODY) Is Taking Some Risk With Its Debt
Feb 02Fewer Investors Than Expected Jumping On Bodyflight Sweden AB (publ) (NGM:BODY)
Sep 22Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
Jun 09Bodyflight Sweden (NGM:BODY) Use Of Debt Could Be Considered Risky
Jan 27Is Bodyflight Sweden (NGM:BODY) Using Too Much Debt?
Sep 12Does Bodyflight Sweden (NGM:BODY) Have A Healthy Balance Sheet?
May 30Here's Why Bodyflight Sweden (NGM:BODY) Is Weighed Down By Its Debt Load
Jan 13Financial Position Analysis
Short Term Liabilities: BODY's short term assets (SEK2.9M) do not cover its short term liabilities (SEK21.6M).
Long Term Liabilities: BODY's short term assets (SEK2.9M) do not cover its long term liabilities (SEK14.1M).
Debt to Equity History and Analysis
Debt Level: BODY's net debt to equity ratio (16.9%) is considered satisfactory.
Reducing Debt: BODY's debt to equity ratio has reduced from 38.5% to 17% 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: Whilst unprofitable BODY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: BODY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 75.1% per year.