Lightning Group Balance Sheet Health
Financial Health criteria checks 5/6
Lightning Group has a total shareholder equity of SEK20.5M and total debt of SEK3.6M, which brings its debt-to-equity ratio to 17.6%. Its total assets and total liabilities are SEK34.2M and SEK13.7M respectively.
Key information
17.6%
Debt to equity ratio
SEK 3.61m
Debt
Interest coverage ratio | n/a |
Cash | SEK 2.27m |
Equity | SEK 20.48m |
Total liabilities | SEK 13.67m |
Total assets | SEK 34.15m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LIGR's short term assets (SEK26.4M) exceed its short term liabilities (SEK10.8M).
Long Term Liabilities: LIGR's short term assets (SEK26.4M) exceed its long term liabilities (SEK2.9M).
Debt to Equity History and Analysis
Debt Level: LIGR's net debt to equity ratio (6.5%) is considered satisfactory.
Reducing Debt: LIGR's debt to equity ratio has increased from 15.6% to 17.6% 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 24.6% per year.