Genesis IT Balance Sheet Health
Financial Health criteria checks 6/6
Genesis IT has a total shareholder equity of SEK152.5M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK167.9M and SEK15.3M respectively. Genesis IT's EBIT is SEK11.6M making its interest coverage ratio -6.3. It has cash and short-term investments of SEK91.1M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -6.3x |
| Cash | SEK 91.14m |
| Equity | SEK 152.54m |
| Total liabilities | SEK 15.33m |
| Total assets | SEK 167.87m |
Recent financial health updates
No updates
Recent updates
The Returns On Capital At Genesis IT (NGM:GENE) Don't Inspire Confidence
Nov 23
Genesis IT (NGM:GENE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Sep 06Some Investors May Be Worried About Genesis IT's (NGM:GENE) Returns On Capital
Aug 28A Look At The Fair Value Of Genesis IT AB (publ) (NGM:GENE)
May 30Has Genesis IT (NGM:GENE) Got What It Takes To Become A Multi-Bagger?
Mar 15Genesis IT AB (publ)'s (NGM:GENE) Attractive Combination: Does It Earn A Place In Your Dividend Portfolio?
Feb 17
Is Genesis IT AB (publ)'s(NGM:GENE) Recent Stock Performance Tethered To Its Strong Fundamentals?
Jan 06The Trends At Genesis IT (NGM:GENE) That You Should Know About
Dec 10How Does Genesis IT AB (publ) (NGM:GENE) Stand Up To These Simple Dividend Safety Checks?
Nov 19Financial Position Analysis
Short Term Liabilities: GENE's short term assets (SEK107.8M) exceed its short term liabilities (SEK13.3M).
Long Term Liabilities: GENE's short term assets (SEK107.8M) exceed its long term liabilities (SEK2.0M).
Debt to Equity History and Analysis
Debt Level: GENE is debt free.
Reducing Debt: GENE has not had any debt for past 5 years.
Debt Coverage: GENE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: GENE has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2023/11/02 10:45 |
| End of Day Share Price | 2023/10/31 00:00 |
| Earnings | 2023/06/30 |
| 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
Genesis IT 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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