24SevenOffice Group AB (publ)

OTCPK:TFSV.F Stock Report

Market Cap: US$152.2m

24SevenOffice Group Balance Sheet Health

Financial Health criteria checks 3/6

24SevenOffice Group has a total shareholder equity of SEK54.7M and total debt of SEK257.4M, which brings its debt-to-equity ratio to 470.9%. Its total assets and total liabilities are SEK479.0M and SEK424.4M respectively.

Key information

470.9%

Debt to equity ratio

SEK 257.36m

Debt

Interest coverage ration/a
CashSEK 86.05m
EquitySEK 54.66m
Total liabilitiesSEK 424.35m
Total assetsSEK 479.01m

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: TFSV.F's short term assets (SEK172.6M) exceed its short term liabilities (SEK147.2M).

Long Term Liabilities: TFSV.F's short term assets (SEK172.6M) do not cover its long term liabilities (SEK277.2M).


Debt to Equity History and Analysis

Debt Level: TFSV.F's net debt to equity ratio (313.4%) is considered high.

Reducing Debt: TFSV.F's debt to equity ratio has increased from 0% to 470.9% 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 25.8% per year.


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