Advanced Soltech Sweden Balance Sheet Health
Financial Health criteria checks 2/6
Advanced Soltech Sweden has a total shareholder equity of SEK471.5M and total debt of SEK1.1B, which brings its debt-to-equity ratio to 224.2%. Its total assets and total liabilities are SEK2.0B and SEK1.5B respectively. Advanced Soltech Sweden's EBIT is SEK76.9M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK77.5M.
Key information
224.2%
Debt to equity ratio
kr1.06b
Debt
| Interest coverage ratio | 0.7x |
| Cash | kr77.45m |
| Equity | kr471.54m |
| Total liabilities | kr1.53b |
| Total assets | kr2.01b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ASAB BTA's short term assets (SEK186.5M) do not cover its short term liabilities (SEK939.5M).
Long Term Liabilities: ASAB BTA's short term assets (SEK186.5M) do not cover its long term liabilities (SEK594.6M).
Debt to Equity History and Analysis
Debt Level: ASAB BTA's net debt to equity ratio (207.8%) is considered high.
Reducing Debt: ASAB BTA's debt to equity ratio has reduced from 1610.9% to 224.2% 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: ASAB BTA has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if ASAB BTA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.