Free2move Holding Balance Sheet Health
Financial Health criteria checks 1/6
Free2move Holding has a total shareholder equity of SEK4.7M and total debt of SEK7.0M, which brings its debt-to-equity ratio to 148.2%. Its total assets and total liabilities are SEK34.8M and SEK30.1M respectively.
Key information
148.2%
Debt to equity ratio
SEK 7.00m
Debt
Interest coverage ratio | n/a |
Cash | SEK 726.00k |
Equity | SEK 4.72m |
Total liabilities | SEK 30.05m |
Total assets | SEK 34.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: F2M's short term assets (SEK8.6M) do not cover its short term liabilities (SEK21.9M).
Long Term Liabilities: F2M's short term assets (SEK8.6M) exceed its long term liabilities (SEK8.2M).
Debt to Equity History and Analysis
Debt Level: F2M's net debt to equity ratio (132.9%) is considered high.
Reducing Debt: F2M's debt to equity ratio has increased from 10.7% to 148.2% 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: F2M has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: F2M has less than a year of cash runway if free cash flow continues to reduce at historical rates of 15.5% each year