Spiffbet Balance Sheet Health
Financial Health criteria checks 3/6
Spiffbet has a total shareholder equity of SEK7.9M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK34.7M and SEK26.7M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
Interest coverage ratio | n/a |
Cash | SEK 573.00k |
Equity | SEK 7.94m |
Total liabilities | SEK 26.75m |
Total assets | SEK 34.69m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPIFF's short term assets (SEK8.0M) do not cover its short term liabilities (SEK22.2M).
Long Term Liabilities: SPIFF's short term assets (SEK8.0M) exceed its long term liabilities (SEK4.5M).
Debt to Equity History and Analysis
Debt Level: SPIFF is debt free.
Reducing Debt: SPIFF had no debt 5 years ago.
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: SPIFF has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SPIFF has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.9% each year.