CodeMill Balance Sheet Health
Financial Health criteria checks 5/6
CodeMill has a total shareholder equity of SEK54.3M and total debt of SEK2.7M, which brings its debt-to-equity ratio to 4.9%. Its total assets and total liabilities are SEK84.1M and SEK29.7M respectively. CodeMill's EBIT is SEK9.5M making its interest coverage ratio 2377.8. It has cash and short-term investments of SEK26.9M.
Key information
4.9%
Debt to equity ratio
SEK 2.66m
Debt
| Interest coverage ratio | 2377.8x |
| Cash | SEK 26.94m |
| Equity | SEK 54.34m |
| Total liabilities | SEK 29.72m |
| Total assets | SEK 84.06m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CDMIL's short term assets (SEK43.3M) exceed its short term liabilities (SEK28.2M).
Long Term Liabilities: CDMIL's short term assets (SEK43.3M) exceed its long term liabilities (SEK1.5M).
Debt to Equity History and Analysis
Debt Level: CDMIL has more cash than its total debt.
Reducing Debt: Insufficient data to determine if CDMIL's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: CDMIL's debt is well covered by operating cash flow (1024%).
Interest Coverage: CDMIL's interest payments on its debt are well covered by EBIT (2377.8x coverage).