Relevance Communication Nordic Balance Sheet Health
Financial Health criteria checks 3/6
Relevance Communication Nordic has a total shareholder equity of SEK25.2M and total debt of SEK4.5M, which brings its debt-to-equity ratio to 17.9%. Its total assets and total liabilities are SEK37.6M and SEK12.5M respectively.
Key information
17.9%
Debt to equity ratio
SEK 4.52m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 22.00k |
| Equity | SEK 25.19m |
| Total liabilities | SEK 12.46m |
| Total assets | SEK 37.65m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RLVNC's short term assets (SEK7.8M) do not cover its short term liabilities (SEK8.5M).
Long Term Liabilities: RLVNC's short term assets (SEK7.8M) exceed its long term liabilities (SEK4.0M).
Debt to Equity History and Analysis
Debt Level: RLVNC's net debt to equity ratio (17.8%) is considered satisfactory.
Reducing Debt: RLVNC's debt to equity ratio has reduced from 119.5% to 17.9% 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 less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: RLVNC has less than a year of cash runway if free cash flow continues to grow at historical rates of 20.4% each year.