Relevance Communication Nordic Balance Sheet Health
Financial Health criteria checks 6/6
Relevance Communication Nordic has a total shareholder equity of SEK30.8M and total debt of SEK726.3K, which brings its debt-to-equity ratio to 2.4%. Its total assets and total liabilities are SEK38.5M and SEK7.7M respectively.
Key information
2.4%
Debt to equity ratio
SEK 726.30k
Debt
Interest coverage ratio | n/a |
Cash | SEK 3.17m |
Equity | SEK 30.79m |
Total liabilities | SEK 7.68m |
Total assets | SEK 38.47m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RLVNC's short term assets (SEK9.1M) exceed its short term liabilities (SEK7.7M).
Long Term Liabilities: RLVNC has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: RLVNC has more cash than its total debt.
Reducing Debt: RLVNC's debt to equity ratio has reduced from 98.2% to 2.4% 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: RLVNC has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: RLVNC has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 53.1% each year.