Adverty Balance Sheet Health

Financial Health criteria checks 2/6

Adverty has a total shareholder equity of SEK9.5M and total debt of SEK23.3M, which brings its debt-to-equity ratio to 246.1%. Its total assets and total liabilities are SEK69.0M and SEK59.6M respectively.

Key information

246.1%

Debt to equity ratio

SEK 23.29m

Debt

Interest coverage ration/a
CashSEK 1.42m
EquitySEK 9.46m
Total liabilitiesSEK 59.55m
Total assetsSEK 69.01m

Recent financial health updates

Recent updates

Is Adverty (NGM:ADVT) Using Too Much Debt?

Sep 11
Is Adverty (NGM:ADVT) Using Too Much Debt?

Would Adverty (NGM:ADVT) Be Better Off With Less Debt?

Dec 15
Would Adverty (NGM:ADVT) Be Better Off With Less Debt?

Calculating The Intrinsic Value Of Adverty AB (publ) (NGM:ADVT)

Jul 06
Calculating The Intrinsic Value Of Adverty AB (publ) (NGM:ADVT)

We Think Adverty (NGM:ADVT) Needs To Drive Business Growth Carefully

Aug 19
We Think Adverty (NGM:ADVT) Needs To Drive Business Growth Carefully

We're Keeping An Eye On Adverty's (NGM:ADVT) Cash Burn Rate

Mar 04
We're Keeping An Eye On Adverty's (NGM:ADVT) Cash Burn Rate

Financial Position Analysis

Short Term Liabilities: ADVT's short term assets (SEK28.0M) do not cover its short term liabilities (SEK36.3M).

Long Term Liabilities: ADVT's short term assets (SEK28.0M) exceed its long term liabilities (SEK23.3M).


Debt to Equity History and Analysis

Debt Level: ADVT's net debt to equity ratio (231.1%) is considered high.

Reducing Debt: ADVT's debt to equity ratio has reduced from 1157.6% to 246.1% 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 5.3% each year


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