Thinc Collective Balance Sheet Health
Financial Health criteria checks 5/6
Thinc Collective has a total shareholder equity of SEK47.0M and total debt of SEK4.8M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are SEK128.0M and SEK81.0M respectively. Thinc Collective's EBIT is SEK829.6K making its interest coverage ratio 1. It has cash and short-term investments of SEK17.5M.
Key information
10.3%
Debt to equity ratio
kr4.82m
Debt
| Interest coverage ratio | 1x |
| Cash | kr17.53m |
| Equity | kr46.99m |
| Total liabilities | kr81.04m |
| Total assets | kr128.03m |
Recent financial health updates
No updates
Recent updates
A Piece Of The Puzzle Missing From Thinc Collective AB (publ)'s (NGM:THINC) 34% Share Price Climb
Dec 24
A Look At The Intrinsic Value Of Thinc Collective AB (publ) (NGM:THINC)
Sep 15Investors Continue Waiting On Sidelines For Thinc Collective AB (publ) (NGM:THINC)
Jul 22Jetty (NGM:JETTY) Share Prices Have Dropped 53% In The Last Year
Feb 26Financial Position Analysis
Short Term Liabilities: THINC's short term assets (SEK71.8M) do not cover its short term liabilities (SEK78.0M).
Long Term Liabilities: THINC's short term assets (SEK71.8M) exceed its long term liabilities (SEK3.0M).
Debt to Equity History and Analysis
Debt Level: THINC has more cash than its total debt.
Reducing Debt: THINC's debt to equity ratio has reduced from 36% to 10.3% 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: Whilst unprofitable THINC has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: THINC is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.9% per year.