mySafety Group Balance Sheet Health
Financial Health criteria checks 1/6
mySafety Group has a total shareholder equity of SEK94.9M and total debt of SEK113.4M, which brings its debt-to-equity ratio to 119.5%. Its total assets and total liabilities are SEK441.6M and SEK346.7M respectively.
Key information
119.5%
Debt to equity ratio
SEK 113.37m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 21.14m |
| Equity | SEK 94.88m |
| Total liabilities | SEK 346.69m |
| Total assets | SEK 441.58m |
Recent financial health updates
mySafety Group (STO:SAFETY B) Takes On Some Risk With Its Use Of Debt
Apr 30
Does mySafety Group (STO:SAFETY B) Have A Healthy Balance Sheet?
Nov 24Does Empir Group (STO:EMPIR B) Have A Healthy Balance Sheet?
Jun 01Does Empir Group (STO:EMPIR B) Have A Healthy Balance Sheet?
Dec 07
Recent updates
mySafety Group AB's (STO:SAFETY B) Shares Leap 26% Yet They're Still Not Telling The Full Story
Oct 05mySafety Group's (STO:SAFETY B) Performance Raises Some Questions
Aug 24Little Excitement Around mySafety Group AB's (STO:SAFETY B) Revenues As Shares Take 34% Pounding
May 28mySafety Group (STO:SAFETY B) Takes On Some Risk With Its Use Of Debt
Apr 30Does mySafety Group (STO:SAFETY B) Have A Healthy Balance Sheet?
Nov 24Risks To Shareholder Returns Are Elevated At These Prices For Empir Group AB (publ) (STO:EMPIR B)
Sep 13Does Empir Group (STO:EMPIR B) Have A Healthy Balance Sheet?
Jun 01Calculating The Fair Value Of Empir Group AB (STO:EMPIR B)
Aug 07Should Empir Group AB (STO:EMPIR B) Be Part Of Your Dividend Portfolio?
Mar 26This Insider Has Just Sold Shares In Empir Group AB (STO:EMPIR B)
Feb 28When Can We Expect A Profit From Empir Group AB (STO:EMPIR B)?
Feb 24Who Has Been Buying Empir Group AB (STO:EMPIR B) Shares?
Jan 29Does Empir Group (STO:EMPIR B) Have A Healthy Balance Sheet?
Dec 07Financial Position Analysis
Short Term Liabilities: SAFETY B's short term assets (SEK206.2M) do not cover its short term liabilities (SEK288.4M).
Long Term Liabilities: SAFETY B's short term assets (SEK206.2M) exceed its long term liabilities (SEK58.3M).
Debt to Equity History and Analysis
Debt Level: SAFETY B's net debt to equity ratio (97.2%) is considered high.
Reducing Debt: SAFETY B's debt to equity ratio has increased from 16.6% to 119.5% over the past 5 years.
Debt Coverage: SAFETY B's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if SAFETY B's interest payments on its debt are well covered by EBIT.