Fragbite Group Balance Sheet Health
Financial Health criteria checks 1/6
Fragbite Group has a total shareholder equity of SEK146.1M and total debt of SEK40.4M, which brings its debt-to-equity ratio to 27.7%. Its total assets and total liabilities are SEK984.5M and SEK838.5M respectively.
Key information
27.7%
Debt to equity ratio
kr40.40m
Debt
| Interest coverage ratio | n/a |
| Cash | kr25.06m |
| Equity | kr146.07m |
| Total liabilities | kr838.45m |
| Total assets | kr984.52m |
Recent financial health updates
Recent updates
Market Cool On Fragbite Group AB (publ)'s (STO:FRAG) Revenues Pushing Shares 28% Lower
Apr 19
Is Fragbite Group (STO:FRAG) Using Debt In A Risky Way?
Apr 13The Market Lifts Fragbite Group AB (publ) (STO:FRAG) Shares 29% But It Can Do More
Dec 08Bearish: This Analyst Is Revising Their Fragbite Group AB (publ) (STO:FRAG) Revenue and EPS Prognostications
Aug 23This Analyst Just Downgraded Their Fragbite Group AB (publ) (STO:FRAG) EPS Forecasts
Mar 02Estimating The Intrinsic Value Of Fragbite Group AB (publ) (STO:FRAG)
Nov 20Financial Position Analysis
Short Term Liabilities: FRAG's short term assets (SEK61.4M) do not cover its short term liabilities (SEK145.4M).
Long Term Liabilities: FRAG's short term assets (SEK61.4M) do not cover its long term liabilities (SEK693.1M).
Debt to Equity History and Analysis
Debt Level: FRAG's net debt to equity ratio (10.5%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FRAG's debt to equity ratio has reduced 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: FRAG has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FRAG has less than a year of cash runway if free cash flow continues to reduce at historical rates of 2.8% each year