Einride AB

NasdaqGM:ENRD Stock Report

Market Cap: US$732.3m

Einride Balance Sheet Health

Financial Health criteria checks 0/6

Einride has a total shareholder equity of SEK-58.0M and total debt of SEK224.0M, which brings its debt-to-equity ratio to -386.1%. Its total assets and total liabilities are SEK1.8B and SEK1.9B respectively.

Key information

-386.13%

Debt to equity ratio

SEK 223.96m

Debt

Interest coverage ration/a
CashSEK 278.83m
Equity-SEK 58.00m
Total liabilitiesSEK 1.88b
Total assetsSEK 1.83b

Recent financial health updates

No updates

Recent updates

Seeking Alpha • Jul 10

Einride: Freight Platform Has Enough Early Traction

Summary Einride AB is a high-risk buy, leveraging its Saga platform to solve critical electric freight operational challenges and demonstrating real customer traction. ENRD's Freight-Capacity-as-a-Service and SaaS models deliver route planning, charging coordination, and operational reliability, with a 13% TCO reduction and 99.7% on-time performance. Signed FCaaS contracts imply ~$92M ARR, nearly double current run-rate revenue, with multi-year agreements and a robust land-and-expand customer strategy. Downside risks include customer concentration, significant cash burn (SEK 1.7B net loss vs. SEK 458M revenue in FY2025), and potential dilution if capital needs persist. Read the full article on Seeking Alpha
Analysis Article • Jun 22

Einride (ENRD) Stock Price Falls to $8.42 as Valuation Remains Hard to Pin Down

Einride (NasdaqGM:ENRD) has drawn fresh attention after recent trading left the stock down about 11% over the past day and roughly 10% over the past week, with shares last closing at $8.42. See our latest analysis for Einride. The recent 1 day share price return of down 10.92%, alongside a 7 day share price return of down 10.35% and a year to date share price return of down 43.84%, points to fading momentum in Einride as investors reassess the balance between growth ambitions in electric and...

Financial Position Analysis

Short Term Liabilities: ENRD has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: ENRD has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.

Debt to Equity History and Analysis

Debt Level: ENRD has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: ENRD's has negative shareholder equity, so we do not need to check if its debt has reduced over time.

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: ENRD has less than a year of cash runway based on its current free cash flow.

Forecast Cash Runway: ENRD has less than a year of cash runway if free cash flow continues to grow at historical rates of 39.4% each year.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/26 01:51
End of Day Share Price 2026/07/24 00:00
Earnings2025/12/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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.

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 Github.

Analyst Sources

Einride AB is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.