Seafire Balance Sheet Health
Financial Health criteria checks 6/6
Seafire has a total shareholder equity of SEK712.0M and total debt of SEK243.0M, which brings its debt-to-equity ratio to 34.1%. Its total assets and total liabilities are SEK1.4B and SEK641.0M respectively. Seafire's EBIT is SEK25.0M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK49.0M.
Key information
34.1%
Debt to equity ratio
kr243.00m
Debt
| Interest coverage ratio | 1.1x |
| Cash | kr49.00m |
| Equity | kr712.00m |
| Total liabilities | kr641.00m |
| Total assets | kr1.35b |
Recent financial health updates
No updates
Recent updates
Revenues Working Against Seafire AB (publ)'s (STO:SEAF) Share Price Following 28% Dive
Feb 24
There Is A Reason Seafire AB (publ)'s (STO:SEAF) Price Is Undemanding
Dec 21Benign Growth For Seafire AB (publ) (STO:SEAF) Underpins Stock's 26% Plummet
Jun 09Seafire AB (publ) Beat Analyst Profit Forecasts, And Analysts Have New Estimates
Feb 25Upgrade: Analysts Just Made A Notable Increase To Their Seafire AB (publ) (STO:SEAF) Forecasts
Feb 08Seafire AB (publ) (STO:SEAF) On The Verge Of Breaking Even
Apr 06What Can We Conclude About Seafire's (STO:SEAF) CEO Pay?
Dec 22
Financial Position Analysis
Short Term Liabilities: SEAF's short term assets (SEK456.0M) exceed its short term liabilities (SEK371.0M).
Long Term Liabilities: SEAF's short term assets (SEK456.0M) exceed its long term liabilities (SEK270.0M).
Debt to Equity History and Analysis
Debt Level: SEAF's net debt to equity ratio (27.2%) is considered satisfactory.
Reducing Debt: SEAF's debt to equity ratio has reduced from 294% to 34.1% 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 SEAF has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SEAF is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 1.6% per year.