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 ratio | n/a |
Cash | SEK 86.05m |
Equity | SEK 54.66m |
Total liabilities | SEK 424.35m |
Total assets | SEK 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.