Swedencare Balance Sheet Health
Financial Health criteria checks 3/6
Swedencare has a total shareholder equity of SEK7.3B and total debt of SEK1.3B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are SEK9.6B and SEK2.3B respectively. Swedencare's EBIT is SEK234.5M making its interest coverage ratio 2.8. It has cash and short-term investments of SEK193.1M.
Key information
18.0%
Debt to equity ratio
SEK 1.32b
Debt
| Interest coverage ratio | 2.8x |
| Cash | SEK 193.10m |
| Equity | SEK 7.33b |
| Total liabilities | SEK 2.25b |
| Total assets | SEK 9.59b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0ABG's short term assets (SEK1.0B) exceed its short term liabilities (SEK329.5M).
Long Term Liabilities: 0ABG's short term assets (SEK1.0B) do not cover its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: 0ABG's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: 0ABG's debt to equity ratio has increased from 0% to 18% over the past 5 years.
Debt Coverage: 0ABG's debt is well covered by operating cash flow (30.7%).
Interest Coverage: 0ABG's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 23:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
Swedencare AB (publ) is covered by 4 analysts. 2 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 |
|---|---|
| Johan Brown | ABG Sundal Collier Sponsored |
| Martin Comtesse | Jefferies LLC |
| Adrian Elmlund | Nordea Markets |