My Beat Balance Sheet Health
Financial Health criteria checks 0/6
My Beat has a total shareholder equity of SEK3.8M and total debt of SEK10.4M, which brings its debt-to-equity ratio to 272.3%. Its total assets and total liabilities are SEK17.8M and SEK14.0M respectively.
Key information
272.3%
Debt to equity ratio
SEK 10.36m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 1.10m |
| Equity | SEK 3.81m |
| Total liabilities | SEK 13.99m |
| Total assets | SEK 17.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MYBEAT's short term assets (SEK4.6M) do not cover its short term liabilities (SEK4.7M).
Long Term Liabilities: MYBEAT's short term assets (SEK4.6M) do not cover its long term liabilities (SEK9.3M).
Debt to Equity History and Analysis
Debt Level: MYBEAT's net debt to equity ratio (243.5%) is considered high.
Reducing Debt: MYBEAT's debt to equity ratio has increased from 51.3% to 272.3% 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: MYBEAT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: MYBEAT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 4% each year