Thunderful Group Balance Sheet Health
Financial Health criteria checks 2/6
Thunderful Group has a total shareholder equity of SEK198.0M and total debt of SEK82.5M, which brings its debt-to-equity ratio to 41.7%. Its total assets and total liabilities are SEK370.3M and SEK172.3M respectively.
Key information
41.67%
Debt to equity ratio
SEK 82.50m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 22.60m |
| Equity | SEK 198.00m |
| Total liabilities | SEK 172.30m |
| Total assets | SEK 370.30m |
Recent financial health updates
Is Thunderful Group (STO:THUNDR) Using Debt Sensibly?
Jul 23
Is Thunderful Group (STO:THUNDR) Using Too Much Debt?
Apr 27Recent updates
Is Thunderful Group (STO:THUNDR) Using Debt Sensibly?
Jul 23Benign Growth For Thunderful Group AB (STO:THUNDR) Underpins Stock's 29% Plummet
May 06Is Thunderful Group (STO:THUNDR) Using Too Much Debt?
Apr 27Earnings Working Against Thunderful Group AB's (STO:THUNDR) Share Price Following 34% Dive
Feb 16Is It Too Late To Consider Buying Thunderful Group AB (STO:THUNDR)?
Feb 06There's No Escaping Thunderful Group AB's (STO:THUNDR) Muted Earnings
Jan 02Downgrade: What You Need To Know About The Latest Thunderful Group AB (STO:THUNDR) Forecasts
Nov 20Thunderful Group (STO:THUNDR) Could Be Struggling To Allocate Capital
Nov 18Is Now The Time To Look At Buying Thunderful Group AB (STO:THUNDR)?
Oct 19Is There An Opportunity With Thunderful Group AB's (STO:THUNDR) 45% Undervaluation?
Sep 09Thunderful Group (STO:THUNDR) Has More To Do To Multiply In Value Going Forward
Jul 21At kr15.40, Is Thunderful Group AB (STO:THUNDR) Worth Looking At Closely?
May 23Thunderful Group AB (STO:THUNDR) Looks Just Right With A 28% Price Jump
Feb 22Here's What's Concerning About Thunderful Group's (STO:THUNDR) Returns On Capital
Jan 31Thunderful Group (STO:THUNDR) Will Be Hoping To Turn Its Returns On Capital Around
Sep 07The Return Trends At Thunderful Group (STO:THUNDR) Look Promising
Apr 29Financial Position Analysis
Short Term Liabilities: THUNDR's short term assets (SEK58.6M) do not cover its short term liabilities (SEK154.1M).
Long Term Liabilities: THUNDR's short term assets (SEK58.6M) exceed its long term liabilities (SEK18.2M).
Debt to Equity History and Analysis
Debt Level: THUNDR's net debt to equity ratio (30.3%) is considered satisfactory.
Reducing Debt: THUNDR's debt to equity ratio has increased from 38.2% to 41.7% 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: THUNDR has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: THUNDR has less than a year of cash runway if free cash flow continues to grow at historical rates of 28.6% each year.
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/11/25 12:14 |
| End of Day Share Price | 2025/11/25 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Thunderful Group AB is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Tomas Otterbeck | Redeye |
| Danesh Zare | Redeye |
| Anton Hoof | Redeye |