Everysport Group Balance Sheet Health
Financial Health criteria checks 6/6
Everysport Group has a total shareholder equity of SEK24.2M and total debt of SEK9.3M, which brings its debt-to-equity ratio to 38.5%. Its total assets and total liabilities are SEK128.4M and SEK104.2M respectively. Everysport Group's EBIT is SEK36.2M making its interest coverage ratio 11.8. It has cash and short-term investments of SEK30.2M.
Key information
38.5%
Debt to equity ratio
kr9.34m
Debt
| Interest coverage ratio | 11.8x |
| Cash | kr30.16m |
| Equity | kr24.23m |
| Total liabilities | kr104.21m |
| Total assets | kr128.44m |
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
Is 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 (SEK80.2M) exceed its short term liabilities (SEK78.9M).
Long Term Liabilities: EVERY's short term assets (SEK80.2M) exceed its long term liabilities (SEK25.3M).
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 68.6% to 38.5% 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: Whilst unprofitable EVERY has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EVERY is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 40.4% per year.