Ework Group Balance Sheet Health
Financial Health criteria checks 4/6
Ework Group has a total shareholder equity of SEK320.1M and total debt of SEK165.7M, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are SEK4.1B and SEK3.7B respectively. Ework Group's EBIT is SEK185.7M making its interest coverage ratio 6.5. It has cash and short-term investments of SEK1.7M.
Key information
51.8%
Debt to equity ratio
SEK 165.69m
Debt
Interest coverage ratio | 6.5x |
Cash | SEK 1.67m |
Equity | SEK 320.10m |
Total liabilities | SEK 3.75b |
Total assets | SEK 4.07b |
Recent financial health updates
Recent updates
Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft Earnings
May 10Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00
Apr 25Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK7.00
Feb 22Does Ework Group (STO:EWRK) Have A Healthy Balance Sheet?
May 11Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50
Apr 05Ework Group (STO:EWRK) Will Pay A Larger Dividend Than Last Year At SEK6.50
Feb 12Here's Why We Think Ework Group (STO:EWRK) Might Deserve Your Attention Today
Feb 10Is There Now An Opportunity In Ework Group AB (publ) (STO:EWRK)?
Oct 21With EPS Growth And More, Ework Group (STO:EWRK) Makes An Interesting Case
Oct 06Financial Position Analysis
Short Term Liabilities: EWRK's short term assets (SEK3.9B) exceed its short term liabilities (SEK3.7B).
Long Term Liabilities: EWRK's short term assets (SEK3.9B) exceed its long term liabilities (SEK23.1M).
Debt to Equity History and Analysis
Debt Level: EWRK's net debt to equity ratio (51.2%) is considered high.
Reducing Debt: EWRK's debt to equity ratio has reduced from 226.4% to 51.8% over the past 5 years.
Debt Coverage: EWRK's debt is not well covered by operating cash flow (7.8%).
Interest Coverage: EWRK's interest payments on its debt are well covered by EBIT (6.5x coverage).