Relevance Communication Nordic Balance Sheet Health
Financial Health criteria checks 3/6
Relevance Communication Nordic has a total shareholder equity of SEK23.7M and total debt of SEK4.7M, which brings its debt-to-equity ratio to 20%. Its total assets and total liabilities are SEK36.7M and SEK13.1M respectively.
Key information
20.0%
Debt to equity ratio
SEK 4.74m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 956.00k |
| Equity | SEK 23.66m |
| Total liabilities | SEK 13.09m |
| Total assets | SEK 36.74m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: RLVNC's short term assets (SEK7.9M) do not cover its short term liabilities (SEK9.1M).
Long Term Liabilities: RLVNC's short term assets (SEK7.9M) exceed its long term liabilities (SEK4.0M).
Debt to Equity History and Analysis
Debt Level: RLVNC's net debt to equity ratio (16%) is considered satisfactory.
Reducing Debt: RLVNC's debt to equity ratio has reduced from 134.4% to 20% 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 15.9% each year.