Garo Aktiebolag (publ)

LSE:0REY Stock Report

Market Cap: SEK 987.0m

Garo Aktiebolag Balance Sheet Health

Financial Health criteria checks 2/6

Garo Aktiebolag has a total shareholder equity of SEK553.8M and total debt of SEK266.6M, which brings its debt-to-equity ratio to 48.1%. Its total assets and total liabilities are SEK1.2B and SEK617.8M respectively.

Key information

48.1%

Debt to equity ratio

SEK 266.60m

Debt

Interest coverage ration/a
CashSEK 15.40m
EquitySEK 553.80m
Total liabilitiesSEK 617.80m
Total assetsSEK 1.17b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: 0REY's short term assets (SEK757.2M) exceed its short term liabilities (SEK558.8M).

Long Term Liabilities: 0REY's short term assets (SEK757.2M) exceed its long term liabilities (SEK59.0M).


Debt to Equity History and Analysis

Debt Level: 0REY's net debt to equity ratio (45.4%) is considered high.

Reducing Debt: 0REY's debt to equity ratio has increased from 32% to 48.1% over the past 5 years.

Debt Coverage: 0REY's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if 0REY's interest payments on its debt are well covered by EBIT.


Balance Sheet


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