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Serneke Group Balance Sheet Health
Financial Health criteria checks 2/6
Serneke Group has a total shareholder equity of SEK2.2B and total debt of SEK2.1B, which brings its debt-to-equity ratio to 92.3%. Its total assets and total liabilities are SEK7.5B and SEK5.2B respectively.
Key information
92.3%
Debt to equity ratio
kr2.07b
Debt
Interest coverage ratio | n/a |
Cash | kr187.00m |
Equity | kr2.24b |
Total liabilities | kr5.22b |
Total assets | kr7.46b |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0RKE's short term assets (SEK4.3B) exceed its short term liabilities (SEK3.4B).
Long Term Liabilities: 0RKE's short term assets (SEK4.3B) exceed its long term liabilities (SEK1.8B).
Debt to Equity History and Analysis
Debt Level: 0RKE's net debt to equity ratio (84%) is considered high.
Reducing Debt: 0RKE's debt to equity ratio has increased from 45.5% to 92.3% over the past 5 years.
Debt Coverage: 0RKE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if 0RKE's interest payments on its debt are well covered by EBIT.