Serviceware Balance Sheet Health
Financial Health criteria checks 5/6
Serviceware has a total shareholder equity of €45.7M and total debt of €3.4M, which brings its debt-to-equity ratio to 7.4%. Its total assets and total liabilities are €142.7M and €97.0M respectively.
Key information
7.4%
Debt to equity ratio
€3.37m
Debt
| Interest coverage ratio | n/a |
| Cash | €28.49m |
| Equity | €45.73m |
| Total liabilities | €96.99m |
| Total assets | €142.72m |
Recent financial health updates
No updates
Recent updates
Financial 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 increased from 5.5% to 7.4% 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 37.1% per year.