Creades Balance Sheet Health

Financial Health criteria checks 6/6

Creades has a total shareholder equity of SEK9.2B and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK9.3B and SEK147.0M respectively. Creades's EBIT is SEK522.0M making its interest coverage ratio -14.5. It has cash and short-term investments of SEK299.0M.

Key information

Debt to equity ratio

SEK 0

Debt

Interest coverage ratio	-14.5x
Cash	SEK 299.00m
Equity	SEK 9.18b
Total liabilities	SEK 147.00m
Total assets	SEK 9.32b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: CREDAS's short term assets (SEK317.0M) exceed its short term liabilities (SEK114.0M).

Long Term Liabilities: CREDAS's short term assets (SEK317.0M) exceed its long term liabilities (SEK33.0M).

Debt to Equity History and Analysis

Debt Level: CREDAS is debt free.

Reducing Debt: CREDAS had no debt 5 years ago.

Debt Coverage: CREDAS has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: CREDAS has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Company Analysis and Financial Data Status

Data	Last Updated (UTC time)
Company Analysis	2024/02/03 02:54
End of Day Share Price	2023/11/06 00:00
Earnings	2023/12/31
Annual Earnings	2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

Package	Data	Timeframe	Example US Source ^*
Company Financials	10 years	Income statement Cash flow statement Balance sheet	SEC Form 10-K SEC Form 10-Q
Analyst Consensus Estimates	+3 years	Forecast financials Analyst price targets	Analyst Research Reports Blue Matrix
Market Prices	30 years	Stock prices Dividends, Splits and Actions	ICE Market Data SEC Form S-1
Ownership	10 years	Top shareholders Insider trading	SEC Form 4 SEC Form 13D
Management	10 years	Leadership team Board of directors	SEC Form 10-K SEC Form DEF 14A
Key Developments	10 years	Company announcements	SEC Form 8-K

^* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Creades AB is covered by 1 analysts. of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

Analyst	Institution
Oskar Lindstrom	Danske Bank