Simris Group Balance Sheet Health
Financial Health criteria checks 4/6
Simris Group has a total shareholder equity of SEK25.6M and total debt of SEK2.7M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are SEK174.6M and SEK148.9M respectively.
Key information
10.4%
Debt to equity ratio
kr2.67m
Debt
Interest coverage ratio | n/a |
Cash | kr5.67m |
Equity | kr25.61m |
Total liabilities | kr148.94m |
Total assets | kr174.55m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SIMRIS B's short term assets (SEK9.2M) do not cover its short term liabilities (SEK14.3M).
Long Term Liabilities: SIMRIS B's short term assets (SEK9.2M) do not cover its long term liabilities (SEK134.6M).
Debt to Equity History and Analysis
Debt Level: SIMRIS B has more cash than its total debt.
Reducing Debt: SIMRIS B's debt to equity ratio has reduced from 14.3% 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: SIMRIS B has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SIMRIS B is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.