CodeMill Balance Sheet Health
Financial Health criteria checks 5/6
CodeMill has a total shareholder equity of SEK52.2M and total debt of SEK3.9M, which brings its debt-to-equity ratio to 7.5%. Its total assets and total liabilities are SEK85.8M and SEK33.6M respectively. CodeMill's EBIT is SEK7.0M making its interest coverage ratio 26.2. It has cash and short-term investments of SEK29.0M.
Key information
7.5%
Debt to equity ratio
SEK 3.93m
Debt
| Interest coverage ratio | 26.2x |
| Cash | SEK 28.98m |
| Equity | SEK 52.24m |
| Total liabilities | SEK 33.58m |
| Total assets | SEK 85.82m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: CDMIL's short term assets (SEK43.0M) exceed its short term liabilities (SEK31.0M).
Long Term Liabilities: CDMIL's short term assets (SEK43.0M) exceed its long term liabilities (SEK2.6M).
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 (609.1%).
Interest Coverage: CDMIL's interest payments on its debt are well covered by EBIT (26.2x coverage).