ZignSec Balance Sheet Health
Financial Health criteria checks 5/6
ZignSec has a total shareholder equity of SEK137.0M and total debt of SEK13.7M, which brings its debt-to-equity ratio to 10%. Its total assets and total liabilities are SEK179.0M and SEK42.0M respectively.
Key information
10.0%
Debt to equity ratio
kr13.70m
Debt
| Interest coverage ratio | n/a |
| Cash | kr7.00m |
| Equity | kr137.00m |
| Total liabilities | kr42.00m |
| Total assets | kr179.00m |
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 (SEK33.6M) exceed its short term liabilities (SEK31.3M).
Long Term Liabilities: ZIGN's short term assets (SEK33.6M) exceed its long term liabilities (SEK10.7M).
Debt to Equity History and Analysis
Debt Level: ZIGN's net debt to equity ratio (4.9%) is considered satisfactory.
Reducing Debt: ZIGN's debt to equity ratio has increased from 0% to 10% 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 4 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 3 months based on free cash flow estimates, but has since raised additional capital.