NetJobs Group Balance Sheet Health
Financial Health criteria checks 2/6
NetJobs Group has a total shareholder equity of SEK270.0K and total debt of SEK1.8M, which brings its debt-to-equity ratio to 648.1%. Its total assets and total liabilities are SEK9.9M and SEK9.6M respectively. NetJobs Group's EBIT is SEK568.0K making its interest coverage ratio 1.5. It has cash and short-term investments of SEK1.5M.
Key information
648.1%
Debt to equity ratio
kr1.75m
Debt
Interest coverage ratio | 1.5x |
Cash | kr1.48m |
Equity | kr270.00k |
Total liabilities | kr9.62m |
Total assets | kr9.89m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: NJOB's short term assets (SEK5.1M) do not cover its short term liabilities (SEK7.0M).
Long Term Liabilities: NJOB's short term assets (SEK5.1M) exceed its long term liabilities (SEK2.7M).
Debt to Equity History and Analysis
Debt Level: NJOB's net debt to equity ratio (100.7%) is considered high.
Reducing Debt: NJOB's debt to equity ratio has reduced from 798.7% to 648.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if NJOB has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if NJOB has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.