Hitech & Development Wireless Sweden Holding Balance Sheet Health
Financial Health criteria checks 2/6
Hitech & Development Wireless Sweden Holding has a total shareholder equity of SEK18.3M and total debt of SEK3.5M, which brings its debt-to-equity ratio to 19.2%. Its total assets and total liabilities are SEK53.0M and SEK34.7M respectively.
Key information
19.2%
Debt to equity ratio
kr3.52m
Debt
| Interest coverage ratio | n/a |
| Cash | kr2.31m |
| Equity | kr18.27m |
| Total liabilities | kr34.74m |
| Total assets | kr53.00m |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: HDW BTA B's short term assets (SEK11.3M) do not cover its short term liabilities (SEK28.5M).
Long Term Liabilities: HDW BTA B's short term assets (SEK11.3M) exceed its long term liabilities (SEK6.2M).
Debt to Equity History and Analysis
Debt Level: HDW BTA B's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: HDW BTA B's debt to equity ratio has increased from 0% to 19.2% 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: HDW BTA B has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HDW BTA B has less than a year of cash runway if free cash flow continues to grow at historical rates of 1.9% each year.