Moment Group Balance Sheet Health
Financial Health criteria checks 1/6
Moment Group has a total shareholder equity of SEK44.0M and total debt of SEK127.0M, which brings its debt-to-equity ratio to 288.6%. Its total assets and total liabilities are SEK1.1B and SEK1.1B respectively. Moment Group's EBIT is SEK34.3M making its interest coverage ratio 1. It has cash and short-term investments of SEK72.0M.
Key information
288.6%
Debt to equity ratio
SEK 127.00m
Debt
| Interest coverage ratio | 1x |
| Cash | SEK 72.00m |
| Equity | SEK 44.00m |
| Total liabilities | SEK 1.10b |
| Total assets | SEK 1.14b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 2E10's short term assets (SEK388.0M) do not cover its short term liabilities (SEK647.0M).
Long Term Liabilities: 2E10's short term assets (SEK388.0M) do not cover its long term liabilities (SEK448.0M).
Debt to Equity History and Analysis
Debt Level: 2E10's net debt to equity ratio (125%) is considered high.
Reducing Debt: 2E10's debt to equity ratio has increased from 271.3% to 288.6% over the past 5 years.
Debt Coverage: 2E10's debt is well covered by operating cash flow (38.7%).
Interest Coverage: 2E10's interest payments on its debt are not well covered by EBIT (1x coverage).