Concejo Balance Sheet Health
Financial Health criteria checks 6/6
Concejo has a total shareholder equity of SEK767.9M and total debt of SEK58.3M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are SEK1.1B and SEK307.5M respectively. Concejo's EBIT is SEK55.2M making its interest coverage ratio -46. It has cash and short-term investments of SEK194.2M.
Key information
7.6%
Debt to equity ratio
SEK 58.30m
Debt
| Interest coverage ratio | -46x |
| Cash | SEK 194.20m |
| Equity | SEK 767.90m |
| Total liabilities | SEK 307.50m |
| Total assets | SEK 1.08b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 3W1's short term assets (SEK504.1M) exceed its short term liabilities (SEK217.8M).
Long Term Liabilities: 3W1's short term assets (SEK504.1M) exceed its long term liabilities (SEK89.7M).
Debt to Equity History and Analysis
Debt Level: 3W1 has more cash than its total debt.
Reducing Debt: 3W1's debt to equity ratio has reduced from 213.9% to 7.6% over the past 5 years.
Debt Coverage: 3W1's debt is well covered by operating cash flow (118.5%).
Interest Coverage: 3W1 earns more interest than it pays, so coverage of interest payments is not a concern.