Projektengagemang Sweden Balance Sheet Health
Financial Health criteria checks 5/6
Projektengagemang Sweden has a total shareholder equity of SEK562.2M and total debt of SEK149.9M, which brings its debt-to-equity ratio to 26.7%. Its total assets and total liabilities are SEK932.0M and SEK369.9M respectively. Projektengagemang Sweden's EBIT is SEK21.2M making its interest coverage ratio 2.1. It has cash and short-term investments of SEK1.5M.
Key information
26.7%
Debt to equity ratio
kr149.89m
Debt
| Interest coverage ratio | 2.1x |
| Cash | kr1.45m |
| Equity | kr562.16m |
| Total liabilities | kr369.87m |
| Total assets | kr932.03m |
Recent financial health updates
Projektengagemang Sweden (STO:PENG B) Takes On Some Risk With Its Use Of Debt
Aug 22
Is 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 05We Think Projektengagemang Sweden (STO:PENG B) Can Stay On Top Of Its Debt
May 31We Think Projektengagemang Sweden (STO:PENG B) Can Stay On Top Of Its Debt
Feb 02Recent updates
Getting 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 15We Think Projektengagemang Sweden (STO:PENG B) Can Stay On Top Of Its Debt
May 31Why Projektengagemang Sweden's (STO:PENG B) Earnings Are Better Than They Seem
Feb 27We Think Projektengagemang Sweden (STO:PENG B) Can Stay On Top Of Its Debt
Feb 02How Many Projektengagemang Sweden AB (publ) (STO:PENG B) Shares Did Insiders Buy, In The Last Year?
Dec 29
Investors Who Bought Projektengagemang Sweden (STO:PENG B) Shares A Year Ago Are Now Up 15%
Nov 24Financial Position Analysis
Short Term Liabilities: PENG B's short term assets (SEK232.4M) exceed its short term liabilities (SEK202.5M).
Long Term Liabilities: PENG B's short term assets (SEK232.4M) exceed its long term liabilities (SEK167.3M).
Debt to Equity History and Analysis
Debt Level: PENG B's net debt to equity ratio (26.4%) is considered satisfactory.
Reducing Debt: PENG B's debt to equity ratio has reduced from 49.1% to 26.7% over the past 5 years.
Debt Coverage: PENG B's debt is well covered by operating cash flow (47.7%).
Interest Coverage: PENG B's interest payments on its debt are not well covered by EBIT (2.1x coverage).