Move About Group Balance Sheet Health
Financial Health criteria checks 4/6
Move About Group has a total shareholder equity of SEK14.5M and total debt of SEK16.4M, which brings its debt-to-equity ratio to 113.2%. Its total assets and total liabilities are SEK123.4M and SEK108.9M respectively.
Key information
113.2%
Debt to equity ratio
kr16.41m
Debt
| Interest coverage ratio | n/a |
| Cash | kr4.30m |
| Equity | kr14.50m |
| Total liabilities | kr108.91m |
| Total assets | kr123.41m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: MOV's short term assets (SEK123.4M) exceed its short term liabilities (SEK92.5M).
Long Term Liabilities: MOV's short term assets (SEK123.4M) exceed its long term liabilities (SEK16.4M).
Debt to Equity History and Analysis
Debt Level: MOV's net debt to equity ratio (83.5%) is considered high.
Reducing Debt: Insufficient data to determine if MOV's debt to equity ratio has reduced 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 MOV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: MOV is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 36.9% per year.