Scandinavian Real Heart Balance Sheet Health
Financial Health criteria checks 5/6
Scandinavian Real Heart has a total shareholder equity of SEK74.5M and total debt of SEK7.8M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are SEK93.7M and SEK19.3M respectively.
Key information
10.4%
Debt to equity ratio
SEK 7.78m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 34.33m |
| Equity | SEK 74.47m |
| Total liabilities | SEK 19.26m |
| Total assets | SEK 93.73m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEART's short term assets (SEK36.6M) exceed its short term liabilities (SEK13.4M).
Long Term Liabilities: HEART's short term assets (SEK36.6M) exceed its long term liabilities (SEK5.9M).
Debt to Equity History and Analysis
Debt Level: HEART has more cash than its total debt.
Reducing Debt: HEART's debt to equity ratio has increased from 6.2% to 10.4% 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: HEART has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: HEART has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 11.3% each year.