Green Landscaping Group Balance Sheet Health
Financial Health criteria checks 3/6
Green Landscaping Group has a total shareholder equity of SEK1.6B and total debt of SEK2.1B, which brings its debt-to-equity ratio to 132.4%. Its total assets and total liabilities are SEK5.7B and SEK4.1B respectively. Green Landscaping Group's EBIT is SEK437.0M making its interest coverage ratio 3.1. It has cash and short-term investments of SEK456.0M.
Key information
132.4%
Debt to equity ratio
SEK 2.09b
Debt
| Interest coverage ratio | 3.1x |
| Cash | SEK 456.00m |
| Equity | SEK 1.58b |
| Total liabilities | SEK 4.09b |
| Total assets | SEK 5.67b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2WN's short term assets (SEK1.9B) exceed its short term liabilities (SEK1.3B).
Long Term Liabilities: 2WN's short term assets (SEK1.9B) do not cover its long term liabilities (SEK2.8B).
Debt to Equity History and Analysis
Debt Level: 2WN's net debt to equity ratio (103.6%) is considered high.
Reducing Debt: 2WN's debt to equity ratio has reduced from 223.1% to 132.4% over the past 5 years.
Debt Coverage: 2WN's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 2WN's interest payments on its debt are well covered by EBIT (3.1x coverage).