Adverty Balance Sheet Health
Financial Health criteria checks 2/6
Adverty has a total shareholder equity of SEK17.0M and total debt of SEK13.7M, which brings its debt-to-equity ratio to 80.5%. Its total assets and total liabilities are SEK57.6M and SEK40.6M respectively.
Key information
80.5%
Debt to equity ratio
kr13.70m
Debt
| Interest coverage ratio | n/a |
| Cash | kr2.63m |
| Equity | kr17.01m |
| Total liabilities | kr40.55m |
| Total assets | kr57.56m |
Financial Position Analysis
Short Term Liabilities: ADVT's short term assets (SEK34.4M) exceed its short term liabilities (SEK26.3M).
Long Term Liabilities: ADVT's short term assets (SEK34.4M) exceed its long term liabilities (SEK14.3M).
Debt to Equity History and Analysis
Debt Level: ADVT's net debt to equity ratio (65.1%) is considered high.
Reducing Debt: ADVT's debt to equity ratio has increased from 3.8% to 80.5% 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: ADVT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: ADVT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.9% each year