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
The Return Trends At Gigasun (STO:GIGA) Look Promising
Dec 24
Gigasun AB (publ) (STO:GIGA) Stock Catapults 26% Though Its Price And Business Still Lag The Industry
Oct 08Little 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.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/10 21:17 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Gigasun AB (publ) is covered by 3 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Eivind Garvik | Carnegie Investment Bank AB |
| Hoang Nguyen | DNB Markets |
| Orjan Roden | Penser Access |