Goobit Group Balance Sheet Health
Financial Health criteria checks 4/6
Goobit Group has a total shareholder equity of SEK21.4M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK32.6M and SEK11.2M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 9.87m |
| Equity | SEK 21.39m |
| Total liabilities | SEK 11.22m |
| Total assets | SEK 32.61m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: BTCX's short term assets (SEK16.4M) exceed its short term liabilities (SEK11.2M).
Long Term Liabilities: BTCX has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: BTCX is debt free.
Reducing Debt: BTCX had no debt 5 years ago.
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: BTCX has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: BTCX has less than a year of cash runway if free cash flow continues to reduce at historical rates of 43.6% each year