Job Solution Sweden Holding Balance Sheet Health
Financial Health criteria checks 4/6
Job Solution Sweden Holding has a total shareholder equity of SEK64.1M and total debt of SEK38.3M, which brings its debt-to-equity ratio to 59.7%. Its total assets and total liabilities are SEK233.6M and SEK169.4M respectively. Job Solution Sweden Holding's EBIT is SEK10.7M making its interest coverage ratio 5.4. It has cash and short-term investments of SEK15.8M.
Key information
59.7%
Debt to equity ratio
SEK 38.26m
Debt
| Interest coverage ratio | 5.4x |
| Cash | SEK 15.78m |
| Equity | SEK 64.13m |
| Total liabilities | SEK 169.44m |
| Total assets | SEK 233.57m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: JOBS's short term assets (SEK112.0M) exceed its short term liabilities (SEK110.0M).
Long Term Liabilities: JOBS's short term assets (SEK112.0M) exceed its long term liabilities (SEK59.5M).
Debt to Equity History and Analysis
Debt Level: JOBS's net debt to equity ratio (35.1%) 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 (5.4x coverage).