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Modern Ekonomi Sverige Holding Balance Sheet Health
Financial Health criteria checks 3/6
Modern Ekonomi Sverige Holding has a total shareholder equity of SEK12.2M and total debt of SEK18.4M, which brings its debt-to-equity ratio to 151%. Its total assets and total liabilities are SEK56.1M and SEK43.9M respectively. Modern Ekonomi Sverige Holding's EBIT is SEK3.8M making its interest coverage ratio 68.8. It has cash and short-term investments of SEK808.0K.
Key information
151.0%
Debt to equity ratio
SEK 18.36m
Debt
| Interest coverage ratio | 68.8x |
| Cash | SEK 808.00k |
| Equity | SEK 12.16m |
| Total liabilities | SEK 43.93m |
| Total assets | SEK 56.09m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: ME's short term assets (SEK51.5M) exceed its short term liabilities (SEK43.9M).
Long Term Liabilities: ME has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: ME's net debt to equity ratio (144.4%) is considered high.
Reducing Debt: ME's debt to equity ratio has increased from 125.9% to 151% over the past 5 years.
Debt Coverage: ME's debt is not well covered by operating cash flow (1.7%).
Interest Coverage: ME's interest payments on its debt are well covered by EBIT (68.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/05/07 21:53 |
| End of Day Share Price | 2023/05/03 00:00 |
| Earnings | 2022/12/31 |
| Annual Earnings | 2022/12/31 |
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
Modern Ekonomi Sverige Holding AB (publ) is covered by 0 analysts. 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 |
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