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Pierce Group Balance Sheet Health
Financial Health criteria checks 3/6
Key information
39.7%
Debt to equity ratio
kr170.00m
Debt
| Interest coverage ratio | 3x |
| Cash | kr32.00m |
| Equity | kr428.00m |
| Total liabilities | kr604.00m |
| Total assets | kr1.03b |
Recent financial health updates
No updates
Recent updates
No updates
Financial Position Analysis
Short Term Liabilities: PIERCE BTA's short term assets (SEK582.0M) exceed its short term liabilities (SEK527.0M).
Long Term Liabilities: PIERCE BTA's short term assets (SEK582.0M) exceed its long term liabilities (SEK77.0M).
Debt to Equity History and Analysis
Debt Level: PIERCE BTA's net debt to equity ratio (32.2%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if PIERCE BTA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: PIERCE BTA's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: PIERCE BTA's interest payments on its debt are not well covered by EBIT (3x coverage).