mySafety Group Balance Sheet Health
Financial Health criteria checks 1/6
mySafety Group has a total shareholder equity of SEK94.7M and total debt of SEK114.9M, which brings its debt-to-equity ratio to 121.4%. Its total assets and total liabilities are SEK448.6M and SEK354.0M respectively.
Key information
121.4%
Debt to equity ratio
SEK 114.94m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 27.10m |
| Equity | SEK 94.68m |
| Total liabilities | SEK 353.97m |
| Total assets | SEK 448.65m |
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'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 (SEK203.3M) do not cover its short term liabilities (SEK289.8M).
Long Term Liabilities: SAFETY B's short term assets (SEK203.3M) exceed its long term liabilities (SEK64.2M).
Debt to Equity History and Analysis
Debt Level: SAFETY B's net debt to equity ratio (92.8%) is considered high.
Reducing Debt: SAFETY B's debt to equity ratio has increased from 18.6% to 121.4% 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.