Serviceware Balance Sheet Health
Financial Health criteria checks 5/6
Serviceware has a total shareholder equity of €46.3M and total debt of €5.9M, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are €124.7M and €78.5M respectively.
Key information
12.8%
Debt to equity ratio
€5.93m
Debt
| Interest coverage ratio | n/a |
| Cash | €25.25m |
| Equity | €46.25m |
| Total liabilities | €78.49m |
| Total assets | €124.74m |
Recent financial health updates
Is Serviceware (ETR:SJJ) Using Too Much Debt?
Nov 14
Serviceware (ETR:SJJ) Has Debt But No Earnings; Should You Worry?
May 11Recent updates
Why Serviceware SE (ETR:SJJ) Could Be Worth Watching
Dec 01Is Serviceware (ETR:SJJ) Using Too Much Debt?
Nov 14Serviceware (ETR:SJJ) Has Debt But No Earnings; Should You Worry?
May 11Serviceware SE (ETR:SJJ) Shares Could Be 30% Below Their Intrinsic Value Estimate
Apr 20Loss-Making Serviceware SE (ETR:SJJ) Set To Breakeven
Mar 31Is Now The Time To Look At Buying Serviceware SE (ETR:SJJ)?
Mar 11What Is The Ownership Structure Like For Serviceware SE (ETR:SJJ)?
Feb 04
An Intrinsic Calculation For Serviceware SE (ETR:SJJ) Suggests It's 34% Undervalued
Jan 05Financial Position Analysis
Short Term Liabilities: SJJ's short term assets (€73.8M) exceed its short term liabilities (€52.0M).
Long Term Liabilities: SJJ's short term assets (€73.8M) exceed its long term liabilities (€26.5M).
Debt to Equity History and Analysis
Debt Level: SJJ has more cash than its total debt.
Reducing Debt: SJJ's debt to equity ratio has increased from 6.2% to 12.8% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SJJ has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SJJ is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14% per year.