24SevenOffice Group Balance Sheet Health
Financial Health criteria checks 3/6
24SevenOffice Group has a total shareholder equity of SEK62.7M and total debt of SEK257.1M, which brings its debt-to-equity ratio to 409.9%. Its total assets and total liabilities are SEK479.2M and SEK416.4M respectively.
Key information
409.9%
Debt to equity ratio
kr257.11m
Debt
| Interest coverage ratio | n/a |
| Cash | kr92.42m |
| Equity | kr62.72m |
| Total liabilities | kr416.44m |
| Total assets | kr479.16m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TFSV.F's short term assets (SEK176.0M) exceed its short term liabilities (SEK123.6M).
Long Term Liabilities: TFSV.F's short term assets (SEK176.0M) do not cover its long term liabilities (SEK292.9M).
Debt to Equity History and Analysis
Debt Level: TFSV.F's net debt to equity ratio (262.6%) is considered high.
Reducing Debt: TFSV.F's debt to equity ratio has increased from 0% to 409.9% 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 TFSV.F has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: TFSV.F is unprofitable but has sufficient cash runway for more than 3 years, even with free cash flow being positive and shrinking by 37% per year.