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
Recent updates
Ework Group's (STO:EWRK) Shareholders Have More To Worry About Than Only Soft Earnings
May 10
Ework 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 (SEK3.1B) exceed its short term liabilities (SEK2.9B).
Long Term Liabilities: EWRK's short term assets (SEK3.1B) exceed its long term liabilities (SEK20.1M).
Debt to Equity History and Analysis
Debt Level: EWRK's net debt to equity ratio (30.2%) is considered satisfactory.
Reducing Debt: EWRK's debt to equity ratio has reduced from 345.6% to 56.5% over the past 5 years.
Debt Coverage: EWRK's debt is well covered by operating cash flow (142.4%).
Interest Coverage: EWRK's interest payments on its debt are well covered by EBIT (6.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 07:52 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Ework Group AB (publ) is covered by 2 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Simon Granath | ABG Sundal Collier Sponsored |
| null null | ABG Sundal Collier Sponsored |