Provide IT Sweden Balance Sheet Health
Financial Health criteria checks 6/6
Provide IT Sweden has a total shareholder equity of SEK5.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.6M and SEK4.5M respectively. Provide IT Sweden's EBIT is SEK1.1M making its interest coverage ratio -13.7. It has cash and short-term investments of SEK2.2M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | -13.7x |
| Cash | SEK 2.24m |
| Equity | SEK 5.11m |
| Total liabilities | SEK 4.52m |
| Total assets | SEK 9.63m |
Recent financial health updates
No updates
Recent updates
Provide IT Sweden (NGM:PROVIT) Ticks All The Boxes When It Comes To Earnings Growth
Apr 15
A Look At The Intrinsic Value Of Provide IT Sweden AB (publ) (NGM:PROVIT)
Jun 17Should You Be Adding Provide IT Sweden (NGM:PROVIT) To Your Watchlist Today?
Oct 27Provide IT Sweden AB (publ)'s (NGM:PROVIT) Financials Are Too Obscure To Link With Current Share Price Momentum: What's In Store For the Stock?
Feb 26Why Provide IT Sweden's (NGM:PROVIT) CEO Pay Matters
Jan 22
Provide IT Sweden AB (publ)'s (NGM:PROVIT) Stock's Been Going Strong: Could Weak Financials Mean The Market Will Coorect Its Share Price?
Nov 27Financial Position Analysis
Short Term Liabilities: PROVIT's short term assets (SEK9.3M) exceed its short term liabilities (SEK4.5M).
Long Term Liabilities: PROVIT's short term assets (SEK9.3M) exceed its long term liabilities (SEK1,000.0).
Debt to Equity History and Analysis
Debt Level: PROVIT is debt free.
Reducing Debt: PROVIT has not had any debt for past 5 years.
Debt Coverage: PROVIT has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: PROVIT 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 | 2024/04/29 16:16 |
| End of Day Share Price | 2024/01/31 00:00 |
| Earnings | 2023/12/31 |
| Annual Earnings | 2023/03/31 |
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
Provide IT Sweden AB (publ) is covered by 0 analysts. 0 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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