Purefun Group Balance Sheet Health
Financial Health criteria checks 5/6
Purefun Group has a total shareholder equity of SEK92.0M and total debt of SEK22.7M, which brings its debt-to-equity ratio to 24.7%. Its total assets and total liabilities are SEK134.6M and SEK42.6M respectively. Purefun Group's EBIT is SEK11.1M making its interest coverage ratio 9.6. It has cash and short-term investments of SEK16.6M.
Key information
24.7%
Debt to equity ratio
kr22.70m
Debt
Interest coverage ratio | 9.6x |
Cash | kr16.60m |
Equity | kr92.00m |
Total liabilities | kr42.60m |
Total assets | kr134.60m |
Financial Position Analysis
Short Term Liabilities: PURE's short term assets (SEK65.3M) exceed its short term liabilities (SEK19.1M).
Long Term Liabilities: PURE's short term assets (SEK65.3M) exceed its long term liabilities (SEK23.5M).
Debt to Equity History and Analysis
Debt Level: PURE's net debt to equity ratio (6.6%) is considered satisfactory.
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 (47.4%).
Interest Coverage: PURE's interest payments on its debt are well covered by EBIT (9.6x coverage).