Serviceware Balance Sheet Health
Financial Health criteria checks 6/6
Serviceware has a total shareholder equity of €45.7M and total debt of €1.5M, which brings its debt-to-equity ratio to 3.4%. Its total assets and total liabilities are €142.7M and €97.0M respectively.
Key information
3.4%
Debt to equity ratio
€1.54m
Debt
Interest coverage ratio | n/a |
Cash | €28.49m |
Equity | €45.73m |
Total liabilities | €96.99m |
Total assets | €142.72m |
Recent financial health updates
Is Serviceware (ETR:SJJ) Using Too Much Debt?
Nov 14Serviceware (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 04An Intrinsic Calculation For Serviceware SE (ETR:SJJ) Suggests It's 34% Undervalued
Jan 05Financial Position Analysis
Short Term Liabilities: SJJ's short term assets (€85.1M) exceed its short term liabilities (€65.6M).
Long Term Liabilities: SJJ's short term assets (€85.1M) exceed its long term liabilities (€31.4M).
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 reduced from 5.5% to 3.4% 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 28.6% per year.