Gomero Group Balance Sheet Health
Financial Health criteria checks 5/6
Gomero Group has a total shareholder equity of SEK25.3M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK36.0M and SEK10.7M respectively. Gomero Group's EBIT is SEK1.7M making its interest coverage ratio -7.7. It has cash and short-term investments of SEK13.0M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -7.7x |
| Cash | SEK 13.03m |
| Equity | SEK 25.31m |
| Total liabilities | SEK 10.72m |
| Total assets | SEK 36.03m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EO8's short term assets (SEK29.0M) exceed its short term liabilities (SEK10.7M).
Long Term Liabilities: EO8's short term assets (SEK29.0M) do not cover its long term liabilities (SEK-1,000.0).
Debt to Equity History and Analysis
Debt Level: EO8 is debt free.
Reducing Debt: EO8 has no debt compared to 5 years ago when its debt to equity ratio was 3.8%.
Debt Coverage: EO8 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: EO8 has no debt, therefore coverage of interest payments is not a concern.