Hemnet Group Balance Sheet Health
Financial Health criteria checks 4/6
Hemnet Group has a total shareholder equity of SEK1.2B and total debt of SEK522.7M, which brings its debt-to-equity ratio to 43.7%. Its total assets and total liabilities are SEK2.3B and SEK1.1B respectively. Hemnet Group's EBIT is SEK553.0M making its interest coverage ratio 18.6. It has cash and short-term investments of SEK118.9M.
Key information
43.7%
Debt to equity ratio
SEK 522.70m
Debt
Interest coverage ratio | 18.6x |
Cash | SEK 118.90m |
Equity | SEK 1.20b |
Total liabilities | SEK 1.05b |
Total assets | SEK 2.25b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ABY's short term assets (SEK333.9M) exceed its short term liabilities (SEK302.7M).
Long Term Liabilities: 0ABY's short term assets (SEK333.9M) do not cover its long term liabilities (SEK752.0M).
Debt to Equity History and Analysis
Debt Level: 0ABY's net debt to equity ratio (33.7%) is considered satisfactory.
Reducing Debt: 0ABY's debt to equity ratio has increased from 42.2% to 43.7% over the past 5 years.
Debt Coverage: 0ABY's debt is well covered by operating cash flow (94.1%).
Interest Coverage: 0ABY's interest payments on its debt are well covered by EBIT (18.6x coverage).