MyFirstApp Sweden Balance Sheet Health
Financial Health criteria checks 1/6
MyFirstApp Sweden has a total shareholder equity of SEK4.1M and total debt of SEK671.7K, which brings its debt-to-equity ratio to 16.3%. Its total assets and total liabilities are SEK21.5M and SEK17.3M respectively.
Key information
16.3%
Debt to equity ratio
kr671.65k
Debt
Interest coverage ratio | n/a |
Cash | kr216.80k |
Equity | kr4.12m |
Total liabilities | kr17.33m |
Total assets | kr21.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MFA's short term assets (SEK1.6M) do not cover its short term liabilities (SEK3.4M).
Long Term Liabilities: MFA's short term assets (SEK1.6M) do not cover its long term liabilities (SEK13.9M).
Debt to Equity History and Analysis
Debt Level: MFA's net debt to equity ratio (11%) is considered satisfactory.
Reducing Debt: MFA's debt to equity ratio has increased from 10.7% to 16.3% 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: Insufficient data to determine if MFA has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if MFA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.