Adverty Balance Sheet Health
Financial Health criteria checks 2/6
Adverty has a total shareholder equity of SEK15.9M and total debt of SEK20.3M, which brings its debt-to-equity ratio to 127.5%. Its total assets and total liabilities are SEK66.9M and SEK51.0M respectively.
Key information
127.5%
Debt to equity ratio
SEK 20.29m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 6.85m |
| Equity | SEK 15.91m |
| Total liabilities | SEK 50.97m |
| Total assets | SEK 66.89m |
Recent financial health updates
Is Adverty (NGM:ADVT) Using Too Much Debt?
Sep 11
Would 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
Is 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 (SEK43.8M) exceed its short term liabilities (SEK30.7M).
Long Term Liabilities: ADVT's short term assets (SEK43.8M) exceed its long term liabilities (SEK20.3M).
Debt to Equity History and Analysis
Debt Level: ADVT's net debt to equity ratio (84.5%) is considered high.
Reducing Debt: ADVT's debt to equity ratio has increased from 4.9% to 127.5% 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 9.2% each year