24SevenOffice Group Balance Sheet Health
Financial Health criteria checks 3/6
24SevenOffice Group has a total shareholder equity of SEK53.9M and total debt of SEK257.0M, which brings its debt-to-equity ratio to 477.1%. Its total assets and total liabilities are SEK464.5M and SEK410.7M respectively.
Key information
477.1%
Debt to equity ratio
kr257.03m
Debt
Interest coverage ratio | n/a |
Cash | kr85.07m |
Equity | kr53.88m |
Total liabilities | kr410.65m |
Total assets | kr464.53m |
Recent financial health updates
We Think 24SevenOffice Group (NGM:247) Has A Fair Chunk Of Debt
Aug 05Does 24SevenOffice Group (NGM:247) Have A Healthy Balance Sheet?
Mar 16Is 24SevenOffice Group (NGM:247) Weighed On By Its Debt Load?
Jun 16Is 24SevenOffice Group (NGM:247) Using Debt In A Risky Way?
Jan 24Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
May 16Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
Jan 03Recent updates
24SevenOffice Group AB (publ)'s (NGM:247) P/S Is On The Mark
Feb 15We Think 24SevenOffice Group (NGM:247) Has A Fair Chunk Of Debt
Aug 05Lacklustre Performance Is Driving 24SevenOffice Group AB (publ)'s (NGM:247) 28% Price Drop
Jun 14Does 24SevenOffice Group (NGM:247) Have A Healthy Balance Sheet?
Mar 16Is 24SevenOffice Group (NGM:247) Weighed On By Its Debt Load?
Jun 16Is 24SevenOffice Group (NGM:247) Using Debt In A Risky Way?
Jan 24The Returns On Capital At 24SevenOffice Group (NGM:247) Don't Inspire Confidence
Jul 07Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
May 16Need To Know: One Analyst Is Much More Bullish On 24SevenOffice Scandinavia AB (publ) (NGM:247) Revenues
Feb 28Is 24SevenOffice Scandinavia AB (publ) (NGM:247) Potentially Undervalued?
Jan 29Is 24SevenOffice Scandinavia (NGM:247) Using Too Much Debt?
Jan 03Estimating The Fair Value Of 24SevenOffice Scandinavia AB (publ) (NGM:247)
Nov 29Financial Position Analysis
Short Term Liabilities: 247's short term assets (SEK167.1M) exceed its short term liabilities (SEK117.4M).
Long Term Liabilities: 247's short term assets (SEK167.1M) do not cover its long term liabilities (SEK293.3M).
Debt to Equity History and Analysis
Debt Level: 247's net debt to equity ratio (319.2%) is considered high.
Reducing Debt: 247's debt to equity ratio has increased from 6.7% to 477.1% 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: 247 has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: 247 has sufficient cash runway for 1.2 years if free cash flow continues to reduce at historical rates of 49.3% each year.