Shortcut Media Balance Sheet Health
Financial Health criteria checks 5/6
Shortcut Media has a total shareholder equity of SEK10.3M and total debt of SEK151.0K, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are SEK28.5M and SEK18.2M respectively. Shortcut Media's EBIT is SEK4.2M making its interest coverage ratio 3.7. It has cash and short-term investments of SEK5.4M.
Key information
1.5%
Debt to equity ratio
kr151.00k
Debt
Interest coverage ratio | 3.7x |
Cash | kr5.39m |
Equity | kr10.34m |
Total liabilities | kr18.17m |
Total assets | kr28.51m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SMG's short term assets (SEK17.4M) do not cover its short term liabilities (SEK18.0M).
Long Term Liabilities: SMG's short term assets (SEK17.4M) exceed its long term liabilities (SEK207.0K).
Debt to Equity History and Analysis
Debt Level: SMG has more cash than its total debt.
Reducing Debt: SMG's debt to equity ratio has reduced from 12.2% to 1.5% over the past 5 years.
Debt Coverage: SMG's debt is well covered by operating cash flow (3841.7%).
Interest Coverage: SMG's interest payments on its debt are well covered by EBIT (3.7x coverage).