Purefun Group Balance Sheet Health
Financial Health criteria checks 5/6
Purefun Group has a total shareholder equity of SEK92.4M and total debt of SEK21.6M, which brings its debt-to-equity ratio to 23.4%. Its total assets and total liabilities are SEK141.0M and SEK48.6M respectively. Purefun Group's EBIT is SEK9.4M making its interest coverage ratio 8.1. It has cash and short-term investments of SEK22.7M.
Key information
23.4%
Debt to equity ratio
SEK 21.60m
Debt
| Interest coverage ratio | 8.1x |
| Cash | SEK 22.70m |
| Equity | SEK 92.40m |
| Total liabilities | SEK 48.60m |
| Total assets | SEK 141.00m |
Financial Position Analysis
Short Term Liabilities: PURE's short term assets (SEK75.6M) exceed its short term liabilities (SEK20.8M).
Long Term Liabilities: PURE's short term assets (SEK75.6M) exceed its long term liabilities (SEK27.8M).
Debt to Equity History and Analysis
Debt Level: PURE has more cash than its total debt.
Reducing Debt: Insufficient data to determine if PURE's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PURE's debt is well covered by operating cash flow (63.3%).
Interest Coverage: PURE's interest payments on its debt are well covered by EBIT (8.1x coverage).