Thunderful Group Balance Sheet Health
Financial Health criteria checks 4/6
Thunderful Group has a total shareholder equity of SEK1.4B and total debt of SEK499.3M, which brings its debt-to-equity ratio to 36.1%. Its total assets and total liabilities are SEK3.2B and SEK1.8B respectively.
Key information
36.1%
Debt to equity ratio
kr499.30m
Debt
Interest coverage ratio | n/a |
Cash | kr209.10m |
Equity | kr1.38b |
Total liabilities | kr1.81b |
Total assets | kr3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 8JH's short term assets (SEK1.5B) exceed its short term liabilities (SEK1.4B).
Long Term Liabilities: 8JH's short term assets (SEK1.5B) exceed its long term liabilities (SEK422.6M).
Debt to Equity History and Analysis
Debt Level: 8JH's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if 8JH's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: 8JH's debt is well covered by operating cash flow (63.2%).
Interest Coverage: Insufficient data to determine if 8JH's interest payments on its debt are well covered by EBIT.