Sinch Balance Sheet Health
Financial Health criteria checks 4/6
Sinch has a total shareholder equity of SEK27.8B and total debt of SEK6.8B, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are SEK45.6B and SEK17.9B respectively. Sinch's EBIT is SEK1.2B making its interest coverage ratio 2.2. It has cash and short-term investments of SEK1.1B.
Key information
24.4%
Debt to equity ratio
SEK 6.77b
Debt
| Interest coverage ratio | 2.2x |
| Cash | SEK 1.11b |
| Equity | SEK 27.77b |
| Total liabilities | SEK 17.85b |
| Total assets | SEK 45.62b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: SINCH's short term assets (SEK6.3B) do not cover its short term liabilities (SEK9.6B).
Long Term Liabilities: SINCH's short term assets (SEK6.3B) do not cover its long term liabilities (SEK8.2B).
Debt to Equity History and Analysis
Debt Level: SINCH's net debt to equity ratio (20.4%) is considered satisfactory.
Reducing Debt: SINCH's debt to equity ratio has reduced from 31.3% to 24.4% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SINCH has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SINCH is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.3% per year.