Storskogen Group Balance Sheet Health
Financial Health criteria checks 3/6
Storskogen Group has a total shareholder equity of SEK19.9B and total debt of SEK10.7B, which brings its debt-to-equity ratio to 53.8%. Its total assets and total liabilities are SEK44.3B and SEK24.4B respectively. Storskogen Group's EBIT is SEK1.1B making its interest coverage ratio 1.2. It has cash and short-term investments of SEK1.5B.
Key information
53.8%
Debt to equity ratio
SEK 10.67b
Debt
| Interest coverage ratio | 1.2x |
| Cash | SEK 1.50b |
| Equity | SEK 19.86b |
| Total liabilities | SEK 24.45b |
| Total assets | SEK 44.30b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: STORCS's short term assets (SEK14.6B) exceed its short term liabilities (SEK9.2B).
Long Term Liabilities: STORCS's short term assets (SEK14.6B) do not cover its long term liabilities (SEK15.3B).
Debt to Equity History and Analysis
Debt Level: STORCS's net debt to equity ratio (46.2%) is considered high.
Reducing Debt: STORCS's debt to equity ratio has reduced from 74.3% to 53.8% over the past 5 years.
Debt Coverage: STORCS's debt is well covered by operating cash flow (28.2%).
Interest Coverage: STORCS's interest payments on its debt are not well covered by EBIT (1.2x coverage).