Everysport Group Balance Sheet Health
Financial Health criteria checks 5/6
Everysport Group has a total shareholder equity of SEK22.9M and total debt of SEK3.0M, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are SEK75.1M and SEK52.1M respectively. Everysport Group's EBIT is SEK51.2M making its interest coverage ratio 90.7. It has cash and short-term investments of SEK20.7M.
Key information
13.2%
Debt to equity ratio
SEK 3.04m
Debt
| Interest coverage ratio | 90.7x |
| Cash | SEK 20.74m |
| Equity | SEK 22.92m |
| Total liabilities | SEK 52.13m |
| Total assets | SEK 75.05m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6I1's short term assets (SEK56.6M) exceed its short term liabilities (SEK48.7M).
Long Term Liabilities: 6I1's short term assets (SEK56.6M) exceed its long term liabilities (SEK3.4M).
Debt to Equity History and Analysis
Debt Level: 6I1 has more cash than its total debt.
Reducing Debt: 6I1's debt to equity ratio has reduced from 74.6% to 13.2% over the past 5 years.
Debt Coverage: 6I1's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: 6I1's interest payments on its debt are well covered by EBIT (90.7x coverage).