Readly International Balance Sheet Health
Financial Health criteria checks 5/6
Readly International has a total shareholder equity of SEK40.4M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK299.4M and SEK259.0M respectively.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | n/a |
| Cash | kr103.41m |
| Equity | kr40.43m |
| Total liabilities | kr258.96m |
| Total assets | kr299.38m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: READ's short term assets (SEK149.0M) do not cover its short term liabilities (SEK243.4M).
Long Term Liabilities: READ's short term assets (SEK149.0M) exceed its long term liabilities (SEK15.6M).
Debt to Equity History and Analysis
Debt Level: READ is debt free.
Reducing Debt: READ has no debt compared to 5 years ago when its debt to equity ratio was 2.4%.
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: READ has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: READ has sufficient cash runway for 1.9 years if free cash flow continues to grow at historical rates of 13.1% each year.