Hemnet Group Balance Sheet Health
Financial Health criteria checks 5/6
Hemnet Group has a total shareholder equity of SEK1.2B and total debt of SEK547.9M, which brings its debt-to-equity ratio to 45.1%. Its total assets and total liabilities are SEK2.3B and SEK1.1B respectively. Hemnet Group's EBIT is SEK601.8M making its interest coverage ratio 19.9. It has cash and short-term investments of SEK145.1M.
Key information
45.1%
Debt to equity ratio
SEK 547.90m
Debt
| Interest coverage ratio | 19.9x |
| Cash | SEK 145.10m |
| Equity | SEK 1.21b |
| Total liabilities | SEK 1.10b |
| Total assets | SEK 2.32b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HEMS's short term assets (SEK416.1M) exceed its short term liabilities (SEK329.8M).
Long Term Liabilities: HEMS's short term assets (SEK416.1M) do not cover its long term liabilities (SEK771.2M).
Debt to Equity History and Analysis
Debt Level: HEMS's net debt to equity ratio (33.2%) is considered satisfactory.
Reducing Debt: HEMS's debt to equity ratio has reduced from 47.7% to 45.1% over the past 5 years.
Debt Coverage: HEMS's debt is well covered by operating cash flow (90.3%).
Interest Coverage: HEMS's interest payments on its debt are well covered by EBIT (19.9x coverage).