New Wave Group Balance Sheet Health
Financial Health criteria checks 6/6
New Wave Group has a total shareholder equity of SEK6.8B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are SEK10.8B and SEK4.0B respectively. New Wave Group's EBIT is SEK1.5B making its interest coverage ratio 10.7. It has cash and short-term investments of SEK475.9M.
Key information
36.5%
Debt to equity ratio
kr2.49b
Debt
Interest coverage ratio | 10.7x |
Cash | kr475.90m |
Equity | kr6.83b |
Total liabilities | kr3.97b |
Total assets | kr10.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0KIZ's short term assets (SEK7.3B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: 0KIZ's short term assets (SEK7.3B) exceed its long term liabilities (SEK2.5B).
Debt to Equity History and Analysis
Debt Level: 0KIZ's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: 0KIZ's debt to equity ratio has reduced from 63.3% to 36.5% over the past 5 years.
Debt Coverage: 0KIZ's debt is well covered by operating cash flow (54.7%).
Interest Coverage: 0KIZ's interest payments on its debt are well covered by EBIT (10.7x coverage).