Vadsbo SwitchTech Group Balance Sheet Health
Financial Health criteria checks 4/6
Vadsbo SwitchTech Group has a total shareholder equity of SEK21.1M and total debt of SEK6.6M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are SEK36.1M and SEK15.0M respectively.
Key information
31.3%
Debt to equity ratio
kr6.61m
Debt
Interest coverage ratio | n/a |
Cash | kr433.00k |
Equity | kr21.14m |
Total liabilities | kr15.00m |
Total assets | kr36.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: VADS's short term assets (SEK27.9M) exceed its short term liabilities (SEK14.1M).
Long Term Liabilities: VADS's short term assets (SEK27.9M) exceed its long term liabilities (SEK900.0K).
Debt to Equity History and Analysis
Debt Level: VADS's net debt to equity ratio (29.2%) is considered satisfactory.
Reducing Debt: VADS's debt to equity ratio has reduced from 47.9% to 31.3% 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: VADS has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: VADS has less than a year of cash runway if free cash flow continues to reduce at historical rates of 19.3% each year