Gigasun Balance Sheet Health
Financial Health criteria checks 1/6
Gigasun has a total shareholder equity of SEK576.7M and total debt of SEK1.2B, which brings its debt-to-equity ratio to 203.2%. Its total assets and total liabilities are SEK2.3B and SEK1.7B respectively. Gigasun's EBIT is SEK72.6M making its interest coverage ratio 1.1. It has cash and short-term investments of SEK92.6M.
Key information
203.2%
Debt to equity ratio
SEK 1.17b
Debt
| Interest coverage ratio | 1.1x |
| Cash | SEK 92.64m |
| Equity | SEK 576.65m |
| Total liabilities | SEK 1.69b |
| Total assets | SEK 2.26b |
Recent financial health updates
Recent updates
Gigasun AB (publ) (STO:GIGA) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Oct 08
Little Excitement Around Gigasun AB (publ)'s (STO:GIGA) Revenues As Shares Take 28% Pounding
Jul 24Gigasun AB (publ)'s (STO:GIGA) Share Price Boosted 33% But Its Business Prospects Need A Lift Too
Jun 06Benign Growth For Gigasun AB (publ) (STO:GIGA) Underpins Stock's 27% Plummet
Apr 16Gigasun 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 (SEK263.9M) do not cover its short term liabilities (SEK759.0M).
Long Term Liabilities: GIGA's short term assets (SEK263.9M) do not cover its long term liabilities (SEK929.3M).
Debt to Equity History and Analysis
Debt Level: GIGA's net debt to equity ratio (187.1%) is considered high.
Reducing Debt: GIGA's debt to equity ratio has reduced from 339.8% to 203.2% 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: 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.