Ework Group Balance Sheet Health
Financial Health criteria checks 6/6
Ework Group has a total shareholder equity of SEK258.1M and total debt of SEK145.9M, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are SEK3.2B and SEK2.9B respectively. Ework Group's EBIT is SEK193.9M making its interest coverage ratio 6.5. It has cash and short-term investments of SEK68.0M.
Key information
56.5%
Debt to equity ratio
SEK 145.93m
Debt
| Interest coverage ratio | 6.5x |
| Cash | SEK 68.01m |
| Equity | SEK 258.13m |
| Total liabilities | SEK 2.94b |
| Total assets | SEK 3.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0MCB's short term assets (SEK3.1B) exceed its short term liabilities (SEK2.9B).
Long Term Liabilities: 0MCB's short term assets (SEK3.1B) exceed its long term liabilities (SEK20.1M).
Debt to Equity History and Analysis
Debt Level: 0MCB's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: 0MCB's debt to equity ratio has reduced from 345.6% to 56.5% over the past 5 years.
Debt Coverage: 0MCB's debt is well covered by operating cash flow (142.4%).
Interest Coverage: 0MCB's interest payments on its debt are well covered by EBIT (6.5x coverage).