mySafety Group Balance Sheet Health
Financial Health criteria checks 1/6
mySafety Group has a total shareholder equity of SEK69.3M and total debt of SEK138.0M, which brings its debt-to-equity ratio to 199.1%. Its total assets and total liabilities are SEK460.1M and SEK390.8M respectively.
Key information
199.1%
Debt to equity ratio
kr137.99m
Debt
| Interest coverage ratio | n/a |
| Cash | kr16.14m |
| Equity | kr69.31m |
| Total liabilities | kr390.79m |
| Total assets | kr460.10m |
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
Little 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 (SEK199.9M) do not cover its short term liabilities (SEK305.6M).
Long Term Liabilities: SAFETY B's short term assets (SEK199.9M) exceed its long term liabilities (SEK85.2M).
Debt to Equity History and Analysis
Debt Level: SAFETY B's net debt to equity ratio (175.8%) is considered high.
Reducing Debt: SAFETY B's debt to equity ratio has increased from 16.6% to 199.1% 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.