Scandinavian Real Heart Balance Sheet Health
Financial Health criteria checks 4/6
Scandinavian Real Heart has a total shareholder equity of SEK77.5M and total debt of SEK6.8M, which brings its debt-to-equity ratio to 8.8%. Its total assets and total liabilities are SEK92.7M and SEK15.2M respectively.
Key information
8.8%
Debt to equity ratio
SEK 6.83m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 31.71m |
| Equity | SEK 77.50m |
| Total liabilities | SEK 15.21m |
| Total assets | SEK 92.71m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEART's short term assets (SEK35.3M) exceed its short term liabilities (SEK10.3M).
Long Term Liabilities: HEART's short term assets (SEK35.3M) exceed its long term liabilities (SEK4.9M).
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 6.3% to 8.8% 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 less than a year of cash runway if free cash flow continues to reduce at historical rates of 8.8% each year