Umida Group Balance Sheet Health
Financial Health criteria checks 3/6
Umida Group has a total shareholder equity of SEK3.8M and total debt of SEK11.5M, which brings its debt-to-equity ratio to 303.1%. Its total assets and total liabilities are SEK60.0M and SEK56.2M respectively.
Key information
303.1%
Debt to equity ratio
SEK 11.48m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 6.21m |
| Equity | SEK 3.79m |
| Total liabilities | SEK 56.24m |
| Total assets | SEK 60.03m |
Financial Position Analysis
Short Term Liabilities: UMIDA B's short term assets (SEK44.9M) do not cover its short term liabilities (SEK48.7M).
Long Term Liabilities: UMIDA B's short term assets (SEK44.9M) exceed its long term liabilities (SEK7.5M).
Debt to Equity History and Analysis
Debt Level: UMIDA B's net debt to equity ratio (139.1%) is considered high.
Reducing Debt: UMIDA B's debt to equity ratio has increased from 30.8% to 303.1% 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 UMIDA B has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: UMIDA B is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 2.8% per year.