Lightning Group Balance Sheet Health
Financial Health criteria checks 6/6
Lightning Group has a total shareholder equity of SEK17.8M and total debt of SEK3.7M, which brings its debt-to-equity ratio to 21.1%. Its total assets and total liabilities are SEK32.5M and SEK14.7M respectively.
Key information
21.1%
Debt to equity ratio
SEK 3.75m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 3.35m |
| Equity | SEK 17.75m |
| Total liabilities | SEK 14.71m |
| Total assets | SEK 32.46m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIGR's short term assets (SEK25.3M) exceed its short term liabilities (SEK11.4M).
Long Term Liabilities: LIGR's short term assets (SEK25.3M) exceed its long term liabilities (SEK3.3M).
Debt to Equity History and Analysis
Debt Level: LIGR's net debt to equity ratio (2.2%) is considered satisfactory.
Reducing Debt: LIGR's debt to equity ratio has reduced from 30% to 21.1% 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 LIGR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: LIGR is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 26.2% per year.