Touchtech Balance Sheet Health
Financial Health criteria checks 5/6
Touchtech has a total shareholder equity of SEK50.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK53.1M and SEK2.8M respectively. Touchtech's EBIT is SEK3.2M making its interest coverage ratio -10.6. It has cash and short-term investments of SEK13.3M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -10.6x |
| Cash | kr13.33m |
| Equity | kr50.28m |
| Total liabilities | kr2.82m |
| Total assets | kr53.11m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TOUCH's short term assets (SEK16.9M) exceed its short term liabilities (SEK2.8M).
Long Term Liabilities: TOUCH's short term assets (SEK16.9M) do not cover its long term liabilities (SEK-2.0K).
Debt to Equity History and Analysis
Debt Level: TOUCH is debt free.
Reducing Debt: TOUCH has no debt compared to 5 years ago when its debt to equity ratio was 39.9%.
Debt Coverage: TOUCH has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TOUCH has no debt, therefore coverage of interest payments is not a concern.