Tourn International Balance Sheet Health
Financial Health criteria checks 4/6
Tourn International has a total shareholder equity of SEK33.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK50.7M and SEK17.4M respectively.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 10.75m |
| Equity | SEK 33.30m |
| Total liabilities | SEK 17.37m |
| Total assets | SEK 50.67m |
Recent financial health updates
No updates
Recent updates
Take Care Before Jumping Onto Tourn International AB (publ) (STO:TOURN) Even Though It's 28% Cheaper
Feb 21
Tourn International AB (publ) (STO:TOURN) Looks Inexpensive After Falling 27% But Perhaps Not Attractive Enough
Jun 08Downgrade: The Latest Revenue And EPS Forecasts For Tourn International AB (publ) (STO:TOURN)
Aug 21Is Now The Time To Look At Buying Tourn International AB (publ) (STO:TOURN)?
Oct 31Calculating The Intrinsic Value Of Tourn International AB (publ) (STO:TOURN)
Sep 08At kr25.80, Is Tourn International AB (publ) (STO:TOURN) Worth Looking At Closely?
May 26Here's Why We Think Tourn International's (STO:TOURN) Statutory Earnings Might Be Conservative
Feb 09
Financial Position Analysis
Short Term Liabilities: TOURN's short term assets (SEK23.9M) exceed its short term liabilities (SEK17.3M).
Long Term Liabilities: TOURN's short term assets (SEK23.9M) exceed its long term liabilities (SEK35.0K).
Debt to Equity History and Analysis
Debt Level: TOURN is debt free.
Reducing Debt: TOURN has no debt compared to 5 years ago when its debt to equity ratio was 10.6%.
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: TOURN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if TOURN has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.