Adverty Balance Sheet Health
Financial Health criteria checks 6/6
Adverty has a total shareholder equity of SEK12.7M and total debt of SEK10.4M, which brings its debt-to-equity ratio to 81.5%. Its total assets and total liabilities are SEK51.6M and SEK38.8M respectively.
Key information
81.54%
Debt to equity ratio
SEK 10.39m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 17.12m |
| Equity | SEK 12.74m |
| Total liabilities | SEK 38.83m |
| Total assets | SEK 51.57m |
Recent financial health updates
Does Adverty (NGM:ADVT) Have A Healthy Balance Sheet?
Mar 11
Is Adverty (NGM:ADVT) Using Too Much Debt?
Sep 11Would Adverty (NGM:ADVT) Be Better Off With Less Debt?
Dec 15We Think Adverty (NGM:ADVT) Needs To Drive Business Growth Carefully
Aug 19We're Keeping An Eye On Adverty's (NGM:ADVT) Cash Burn Rate
Mar 04Recent updates
Does Adverty (NGM:ADVT) Have A Healthy Balance Sheet?
Mar 11Is Adverty (NGM:ADVT) Using Too Much Debt?
Sep 11Would Adverty (NGM:ADVT) Be Better Off With Less Debt?
Dec 15Calculating The Intrinsic Value Of Adverty AB (publ) (NGM:ADVT)
Jul 06We Think Adverty (NGM:ADVT) Needs To Drive Business Growth Carefully
Aug 19We're Keeping An Eye On Adverty's (NGM:ADVT) Cash Burn Rate
Mar 04Financial Position Analysis
Short Term Liabilities: ADVT's short term assets (SEK29.7M) exceed its short term liabilities (SEK28.4M).
Long Term Liabilities: ADVT's short term assets (SEK29.7M) exceed its long term liabilities (SEK10.4M).
Debt to Equity History and Analysis
Debt Level: ADVT has more cash than its total debt.
Reducing Debt: ADVT had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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 sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ADVT has sufficient cash runway for 1.4 years if free cash flow continues to reduce at historical rates of 0.1% each year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/17 03:41 |
| End of Day Share Price | 2025/06/17 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Adverty AB (publ) is covered by 2 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Markus Augustsson | Carlsquare AB |
| Tomas Otterbeck | Redeye |