Everysport Group Balance Sheet Health
Financial Health criteria checks 5/6
Everysport Group has a total shareholder equity of SEK22.4M and total debt of SEK2.2M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are SEK70.1M and SEK47.7M respectively. Everysport Group's EBIT is SEK1.4M making its interest coverage ratio 2. It has cash and short-term investments of SEK30.1M.
Key information
10.0%
Debt to equity ratio
SEK 2.24m
Debt
| Interest coverage ratio | 2x |
| Cash | SEK 30.13m |
| Equity | SEK 22.42m |
| Total liabilities | SEK 47.66m |
| Total assets | SEK 70.08m |
Recent financial health updates
Is Everysport Group AB (publ.) (NGM:EVERY) Using Debt In A Risky Way?
Oct 09
Everysport Group (NGM:EVERY) Has Debt But No Earnings; Should You Worry?
Jul 10Is Everysport Group (NGM:EVERY) A Risky Investment?
Jan 17Is Everysport Group (NGM:EVERY) Using Debt In A Risky Way?
Sep 24Does Everysport Media Group (NGM:EVERY) Have A Healthy Balance Sheet?
Jun 02Recent updates
Subdued Growth No Barrier To Everysport Group AB (publ)'s (NGM:EVERY) Price
Aug 07Is Everysport Group AB (publ.) (NGM:EVERY) Using Debt In A Risky Way?
Oct 09Everysport Group AB (publ)'s (NGM:EVERY) Shares Leap 41% Yet They're Still Not Telling The Full Story
Aug 16Everysport Group (NGM:EVERY) Has Debt But No Earnings; Should You Worry?
Jul 10A Look At The Intrinsic Value Of Everysport Group AB (publ) (NGM:EVERY)
Apr 19Is Everysport Group (NGM:EVERY) A Risky Investment?
Jan 17Is Everysport Group (NGM:EVERY) Using Debt In A Risky Way?
Sep 24Does Everysport Media Group (NGM:EVERY) Have A Healthy Balance Sheet?
Jun 02Is Everysport Media Group AB (NGM:EVERY) Potentially Undervalued?
Nov 13Has Everysport Media Group AB's (NGM:EVERY A) Impressive Stock Performance Got Anything to Do With Its Fundamentals?
Feb 22Financial Position Analysis
Short Term Liabilities: EVERY's short term assets (SEK51.4M) exceed its short term liabilities (SEK44.5M).
Long Term Liabilities: EVERY's short term assets (SEK51.4M) exceed its long term liabilities (SEK3.1M).
Debt to Equity History and Analysis
Debt Level: EVERY has more cash than its total debt.
Reducing Debt: EVERY's debt to equity ratio has reduced from 83.6% to 10% 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: EVERY has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: EVERY has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4.3% each year