Krona Public Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Krona Public Real Estate has a total shareholder equity of SEK363.6M and total debt of SEK878.7M, which brings its debt-to-equity ratio to 241.7%. Its total assets and total liabilities are SEK1.3B and SEK902.8M respectively. Krona Public Real Estate's EBIT is SEK59.1M making its interest coverage ratio 2.6. It has cash and short-term investments of SEK56.8M.
Key information
241.7%
Debt to equity ratio
SEK 878.72m
Debt
| Interest coverage ratio | 2.6x |
| Cash | SEK 56.79m |
| Equity | SEK 363.63m |
| Total liabilities | SEK 902.79m |
| Total assets | SEK 1.27b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KRONA's short term assets (SEK68.7M) exceed its short term liabilities (SEK24.1M).
Long Term Liabilities: KRONA's short term assets (SEK68.7M) do not cover its long term liabilities (SEK878.7M).
Debt to Equity History and Analysis
Debt Level: KRONA's net debt to equity ratio (226%) is considered high.
Reducing Debt: Insufficient data to determine if KRONA'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: Whilst unprofitable KRONA has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: KRONA is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 6.2% per year.