Scandinavian Enviro Systems Balance Sheet Health
Financial Health criteria checks 6/6
Scandinavian Enviro Systems has a total shareholder equity of SEK414.9M and total debt of SEK4.6M, which brings its debt-to-equity ratio to 1.1%. Its total assets and total liabilities are SEK468.7M and SEK53.8M respectively. Scandinavian Enviro Systems's EBIT is SEK53.3M making its interest coverage ratio -12.1. It has cash and short-term investments of SEK123.1M.
Key information
1.1%
Debt to equity ratio
SEK 4.60m
Debt
| Interest coverage ratio | -12.1x |
| Cash | SEK 123.12m |
| Equity | SEK 414.89m |
| Total liabilities | SEK 53.78m |
| Total assets | SEK 468.67m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 1HR's short term assets (SEK173.0M) exceed its short term liabilities (SEK50.0M).
Long Term Liabilities: 1HR's short term assets (SEK173.0M) exceed its long term liabilities (SEK3.8M).
Debt to Equity History and Analysis
Debt Level: 1HR has more cash than its total debt.
Reducing Debt: 1HR's debt to equity ratio has reduced from 4.6% to 1.1% over the past 5 years.
Debt Coverage: 1HR's debt is well covered by operating cash flow (1391.6%).
Interest Coverage: 1HR earns more interest than it pays, so coverage of interest payments is not a concern.