Hemnet Group Balance Sheet Health
Financial Health criteria checks 4/6
Hemnet Group has a total shareholder equity of SEK1.2B and total debt of SEK527.4M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are SEK2.2B and SEK988.7M respectively. Hemnet Group's EBIT is SEK479.1M making its interest coverage ratio 17.3. It has cash and short-term investments of SEK96.5M.
Key information
43.4%
Debt to equity ratio
SEK 527.40m
Debt
Interest coverage ratio | 17.3x |
Cash | SEK 96.50m |
Equity | SEK 1.22b |
Total liabilities | SEK 988.70m |
Total assets | SEK 2.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8QV0's short term assets (SEK273.2M) exceed its short term liabilities (SEK226.9M).
Long Term Liabilities: 8QV0's short term assets (SEK273.2M) do not cover its long term liabilities (SEK761.8M).
Debt to Equity History and Analysis
Debt Level: 8QV0's net debt to equity ratio (35.4%) is considered satisfactory.
Reducing Debt: 8QV0's debt to equity ratio has increased from 36.9% to 43.4% over the past 5 years.
Debt Coverage: 8QV0's debt is well covered by operating cash flow (78.3%).
Interest Coverage: 8QV0's interest payments on its debt are well covered by EBIT (17.3x coverage).