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.