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
No updates
Recent updates
Financial 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.