Job Solution Sweden Holding Balance Sheet Health
Financial Health criteria checks 4/6
Job Solution Sweden Holding has a total shareholder equity of SEK70.1M and total debt of SEK40.2M, which brings its debt-to-equity ratio to 57.4%. Its total assets and total liabilities are SEK227.3M and SEK157.2M respectively. Job Solution Sweden Holding's EBIT is SEK15.3M making its interest coverage ratio 5.5. It has cash and short-term investments of SEK13.8M.
Key information
57.4%
Debt to equity ratio
SEK 40.23m
Debt
| Interest coverage ratio | 5.5x |
| Cash | SEK 13.78m |
| Equity | SEK 70.11m |
| Total liabilities | SEK 157.22m |
| Total assets | SEK 227.33m |
Financial Position Analysis
Short Term Liabilities: JOBS's short term assets (SEK108.7M) exceed its short term liabilities (SEK106.7M).
Long Term Liabilities: JOBS's short term assets (SEK108.7M) exceed its long term liabilities (SEK50.5M).
Debt to Equity History and Analysis
Debt Level: JOBS's net debt to equity ratio (37.7%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if JOBS's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: JOBS's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JOBS's interest payments on its debt are well covered by EBIT (5.5x coverage).