DistIT Balance Sheet Health
Financial Health criteria checks 4/6
DistIT has a total shareholder equity of SEK96.5M and total debt of SEK311.4M, which brings its debt-to-equity ratio to 322.7%. Its total assets and total liabilities are SEK928.1M and SEK831.6M respectively. DistIT's EBIT is SEK3.2M making its interest coverage ratio 0.1. It has cash and short-term investments of SEK33.4M.
Key information
322.7%
Debt to equity ratio
SEK 311.40m
Debt
| Interest coverage ratio | 0.1x |
| Cash | SEK 33.40m |
| Equity | SEK 96.50m |
| Total liabilities | SEK 831.60m |
| Total assets | SEK 928.10m |
Recent financial health updates
Is DistIT (STO:DIST) Using Debt Sensibly?
Aug 23
Is DistIT (STO:DIST) Using Too Much Debt?
Nov 22Here's Why DistIT (STO:DIST) Is Weighed Down By Its Debt Load
Apr 12Is DistIT (STO:DIST) A Risky Investment?
Nov 29DistIT (STO:DIST) Has A Somewhat Strained Balance Sheet
May 04Recent updates
Is DistIT (STO:DIST) Using Debt Sensibly?
Aug 23Is DistIT (STO:DIST) Using Too Much Debt?
Nov 22Here's Why DistIT (STO:DIST) Is Weighed Down By Its Debt Load
Apr 12Should You Investigate DistIT AB (publ) (STO:DIST) At kr11.14?
Mar 15Is DistIT (STO:DIST) A Risky Investment?
Nov 29Is It Too Late To Consider Buying DistIT AB (publ) (STO:DIST)?
Jun 07DistIT (STO:DIST) Has A Somewhat Strained Balance Sheet
May 04DistIT (STO:DIST) Seems To Use Debt Rather Sparingly
Aug 18What Kind Of Shareholders Hold The Majority In DistIT AB (publ)'s (STO:DIST) Shares?
Mar 19DistIT (STO:DIST) Has A Pretty Healthy Balance Sheet
Feb 19DistIT AB (publ)'s (STO:DIST) Stock Is Going Strong: Have Financials A Role To Play?
Jan 24
Are DistIT's (STO:DIST) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Dec 28The DistIT (STO:DIST) Share Price Is Up 17% And Shareholders Are Holding On
Nov 30Financial Position Analysis
Short Term Liabilities: DIST's short term assets (SEK707.9M) exceed its short term liabilities (SEK692.6M).
Long Term Liabilities: DIST's short term assets (SEK707.9M) exceed its long term liabilities (SEK139.0M).
Debt to Equity History and Analysis
Debt Level: DIST's net debt to equity ratio (288.1%) is considered high.
Reducing Debt: DIST's debt to equity ratio has increased from 82% to 322.7% 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 DIST has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: DIST is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 19.3% per year.