24SevenOffice Group Balance Sheet Health
Financial Health criteria checks 3/6
24SevenOffice Group has a total shareholder equity of SEK62.7M and total debt of SEK257.1M, which brings its debt-to-equity ratio to 409.9%. Its total assets and total liabilities are SEK479.2M and SEK416.4M respectively.
Key information
409.9%
Debt to equity ratio
SEK 257.11m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 92.42m |
| Equity | SEK 62.72m |
| Total liabilities | SEK 416.44m |
| Total assets | SEK 479.16m |
Recent financial health updates
Is 24SevenOffice Group (NGM:247) A Risky Investment?
Apr 30
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 16Recent updates
Shareholders Will Probably Hold Off On Increasing 24SevenOffice Group AB (publ)'s (NGM:247) CEO Compensation For The Time Being
May 0924SevenOffice Group AB (publ) (NGM:247) Stocks Shoot Up 28% But Its P/S Still Looks Reasonable
May 04Is 24SevenOffice Group (NGM:247) A Risky Investment?
Apr 3024SevenOffice 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 29
Is 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 (SEK176.0M) exceed its short term liabilities (SEK123.6M).
Long Term Liabilities: 247's short term assets (SEK176.0M) do not cover its long term liabilities (SEK292.9M).
Debt to Equity History and Analysis
Debt Level: 247's net debt to equity ratio (262.6%) is considered high.
Reducing Debt: 247's debt to equity ratio has increased from 0% to 409.9% 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 247 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 247 is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37% per year.