Projektengagemang Sweden Balance Sheet Health
Financial Health criteria checks 6/6
Projektengagemang Sweden has a total shareholder equity of SEK578.2M and total debt of SEK140.9M, which brings its debt-to-equity ratio to 24.4%. Its total assets and total liabilities are SEK877.0M and SEK298.8M respectively. Projektengagemang Sweden's EBIT is SEK49.9M making its interest coverage ratio 5.8. It has cash and short-term investments of SEK1.6M.
Key information
24.4%
Debt to equity ratio
SEK 140.90m
Debt
| Interest coverage ratio | 5.8x |
| Cash | SEK 1.60m |
| Equity | SEK 578.20m |
| Total liabilities | SEK 298.80m |
| Total assets | SEK 877.00m |
Recent financial health updates
Projektengagemang Sweden (STO:PENG B) Seems To Use Debt Quite Sensibly
Aug 23
Projektengagemang Sweden (STO:PENG B) Takes On Some Risk With Its Use Of Debt
Aug 22Is Projektengagemang Sweden (STO:PENG B) A Risky Investment?
Dec 28Is Projektengagemang Sweden (STO:PENG B) Using Too Much Debt?
Sep 24Is Projektengagemang Sweden (STO:PENG B) Using Too Much Debt?
Apr 05Recent updates
We Like Projektengagemang Sweden's (STO:PENG B) Earnings For More Than Just Statutory Profit
Nov 03Revenues Not Telling The Story For Projektengagemang Sweden AB (publ) (STO:PENG B)
Oct 27Projektengagemang Sweden (STO:PENG B) Seems To Use Debt Quite Sensibly
Aug 23Earnings Miss: Projektengagemang Sweden AB (publ) Missed EPS By 6.1% And Analysts Are Revising Their Forecasts
Jul 20Projektengagemang Sweden's (STO:PENG B) Returns Have Hit A Wall
Jul 19Projektengagemang Sweden AB (publ)'s (STO:PENG B) Shares Climb 33% But Its Business Is Yet to Catch Up
Apr 26Is Now An Opportune Moment To Examine Projektengagemang Sweden AB (publ) (STO:PENG B)?
Apr 26Getting In Cheap On Projektengagemang Sweden AB (publ) (STO:PENG B) Is Unlikely
Dec 20Projektengagemang Sweden (STO:PENG B) Takes On Some Risk With Its Use Of Debt
Aug 22A Look At The Fair Value Of Projektengagemang Sweden AB (publ) (STO:PENG B)
Jul 12Projektengagemang Sweden's (STO:PENG B) Dividend Will Be SEK0.40
Apr 05Projektengagemang Sweden (STO:PENG B) Will Pay A Dividend Of SEK0.40
Feb 13Is Projektengagemang Sweden (STO:PENG B) A Risky Investment?
Dec 28Is Projektengagemang Sweden (STO:PENG B) Using Too Much Debt?
Sep 24Earnings Miss: Projektengagemang Sweden AB (publ) Missed EPS By 39% And Analysts Are Revising Their Forecasts
Jul 20Is Projektengagemang Sweden (STO:PENG B) Using Too Much Debt?
Apr 05Is Projektengagemang Sweden AB (publ) (STO:PENG B) Potentially Undervalued?
Mar 15Financial Position Analysis
Short Term Liabilities: PENG B's short term assets (SEK184.9M) exceed its short term liabilities (SEK142.1M).
Long Term Liabilities: PENG B's short term assets (SEK184.9M) exceed its long term liabilities (SEK156.7M).
Debt to Equity History and Analysis
Debt Level: PENG B's net debt to equity ratio (24.1%) is considered satisfactory.
Reducing Debt: PENG B's debt to equity ratio has reduced from 77.7% to 24.4% over the past 5 years.
Debt Coverage: PENG B's debt is well covered by operating cash flow (63.2%).
Interest Coverage: PENG B's interest payments on its debt are well covered by EBIT (5.8x coverage).