Hemnet Group AB (publ)

OTCPK:HMNT.Y Stock Report

Market Cap: US$2.6b

Hemnet Group Balance Sheet Health

Financial Health criteria checks 4/6

Hemnet Group has a total shareholder equity of SEK1.2B and total debt of SEK527.4M, which brings its debt-to-equity ratio to 43.4%. Its total assets and total liabilities are SEK2.2B and SEK988.7M respectively. Hemnet Group's EBIT is SEK479.1M making its interest coverage ratio 17.3. It has cash and short-term investments of SEK96.5M.

Key information

43.4%

Debt to equity ratio

kr527.40m

Debt

Interest coverage ratio17.3x
Cashkr96.50m
Equitykr1.22b
Total liabilitieskr988.70m
Total assetskr2.21b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: HMNT.Y's short term assets (SEK273.2M) exceed its short term liabilities (SEK226.9M).

Long Term Liabilities: HMNT.Y's short term assets (SEK273.2M) do not cover its long term liabilities (SEK761.8M).


Debt to Equity History and Analysis

Debt Level: HMNT.Y's net debt to equity ratio (35.4%) is considered satisfactory.

Reducing Debt: HMNT.Y's debt to equity ratio has increased from 36.9% to 43.4% over the past 5 years.

Debt Coverage: HMNT.Y's debt is well covered by operating cash flow (78.3%).

Interest Coverage: HMNT.Y's interest payments on its debt are well covered by EBIT (17.3x coverage).


Balance Sheet


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