Krona Public Real Estate Balance Sheet Health
Financial Health criteria checks 3/6
Krona Public Real Estate has a total shareholder equity of SEK351.4M and total debt of SEK868.1M, which brings its debt-to-equity ratio to 247.1%. Its total assets and total liabilities are SEK1.2B and SEK872.9M respectively. Krona Public Real Estate's EBIT is SEK59.6M making its interest coverage ratio 2.6. It has cash and short-term investments of SEK36.5M.
Key information
247.1%
Debt to equity ratio
kr868.13m
Debt
Interest coverage ratio | 2.6x |
Cash | kr36.48m |
Equity | kr351.38m |
Total liabilities | kr872.87m |
Total assets | kr1.22b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: KRONA's short term assets (SEK40.0M) exceed its short term liabilities (SEK4.7M).
Long Term Liabilities: KRONA's short term assets (SEK40.0M) do not cover its long term liabilities (SEK868.1M).
Debt to Equity History and Analysis
Debt Level: KRONA's net debt to equity ratio (236.7%) 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 12.4% per year.