ZignSec Balance Sheet Health
Financial Health criteria checks 5/6
ZignSec has a total shareholder equity of SEK149.6M and total debt of SEK15.4M, which brings its debt-to-equity ratio to 10.3%. Its total assets and total liabilities are SEK193.5M and SEK43.9M respectively.
Key information
10.3%
Debt to equity ratio
kr15.40m
Debt
| Interest coverage ratio | n/a |
| Cash | kr14.30m |
| Equity | kr149.60m |
| Total liabilities | kr43.90m |
| Total assets | kr193.50m |
Recent financial health updates
ZignSec (STO:ZIGN) Is Making Moderate Use Of Debt
Nov 26
Is ZignSec (STO:ZIGN) Using Too Much Debt?
Mar 24We're Hopeful That ZignSec (STO:ZIGN) Will Use Its Cash Wisely
May 18ZignSec (STO:ZIGN) Is In A Good Position To Deliver On Growth Plans
Dec 14
Recent updates
ZignSec (STO:ZIGN) Is Making Moderate Use Of Debt
Nov 26Is ZignSec (STO:ZIGN) Using Too Much Debt?
Mar 24We're Hopeful That ZignSec (STO:ZIGN) Will Use Its Cash Wisely
May 18Introducing ZignSec (STO:ZIGN), A Stock That Climbed 87% In The Last Year
Feb 10ZignSec (STO:ZIGN) Is In A Good Position To Deliver On Growth Plans
Dec 14Financial Position Analysis
Short Term Liabilities: ZIGN's short term assets (SEK37.8M) exceed its short term liabilities (SEK31.0M).
Long Term Liabilities: ZIGN's short term assets (SEK37.8M) exceed its long term liabilities (SEK12.9M).
Debt to Equity History and Analysis
Debt Level: ZIGN's net debt to equity ratio (0.7%) is considered satisfactory.
Reducing Debt: ZIGN's debt to equity ratio has increased from 0% to 10.3% 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: ZIGN has sufficient cash runway for 7 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: ZIGN is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.