Gigasun Balance Sheet Health
Financial Health criteria checks 1/6
Gigasun has a total shareholder equity of SEK569.7M and total debt of SEK1.0B, which brings its debt-to-equity ratio to 180.7%. Its total assets and total liabilities are SEK2.0B and SEK1.5B respectively. Gigasun's EBIT is SEK72.2M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK19.1M.
Key information
180.7%
Debt to equity ratio
kr1.03b
Debt
| Interest coverage ratio | 0.7x |
| Cash | kr19.14m |
| Equity | kr569.71m |
| Total liabilities | kr1.46b |
| Total assets | kr2.03b |
Recent financial health updates
Recent updates
Benign Growth For Gigasun AB (publ) (STO:GIGA) Underpins Stock's 27% Plummet
Apr 16
Gigasun AB (publ)'s (STO:GIGA) 27% Dip In Price Shows Sentiment Is Matching Revenues
Mar 02Is Advanced Soltech Sweden (STO:ASAB) A Risky Investment?
Feb 02Advanced Soltech Sweden AB (publ) (STO:ASAB) Might Not Be As Mispriced As It Looks After Plunging 25%
Jun 10Investors Will Want Advanced Soltech Sweden's (STO:ASAB) Growth In ROCE To Persist
Mar 12Advanced Soltech Sweden's (STO:ASAB) Solid Profits Have Weak Fundamentals
Aug 31Financial Position Analysis
Short Term Liabilities: GIGA's short term assets (SEK134.8M) do not cover its short term liabilities (SEK642.7M).
Long Term Liabilities: GIGA's short term assets (SEK134.8M) do not cover its long term liabilities (SEK821.2M).
Debt to Equity History and Analysis
Debt Level: GIGA's net debt to equity ratio (177.3%) is considered high.
Reducing Debt: GIGA's debt to equity ratio has reduced from 4473.6% to 180.7% 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: GIGA has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if GIGA has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.