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
SEK 4.82m
Debt
| Interest coverage ratio | 1x |
| Cash | SEK 17.53m |
| Equity | SEK 46.99m |
| Total liabilities | SEK 81.04m |
| Total assets | SEK 128.03m |
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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/04/29 15:36 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Thinc Collective AB (publ) is covered by 1 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Bertil Nilsson | Carlsquare AB |