AGES Industri Balance Sheet Health
Financial Health criteria checks 4/6
AGES Industri has a total shareholder equity of SEK448.0M and total debt of SEK234.0M, which brings its debt-to-equity ratio to 52.2%. Its total assets and total liabilities are SEK988.0M and SEK540.0M respectively. AGES Industri's EBIT is SEK88.3M making its interest coverage ratio 5.1. It has cash and short-term investments of SEK5.0M.
Key information
52.2%
Debt to equity ratio
kr234.00m
Debt
Interest coverage ratio | 5.1x |
Cash | kr5.00m |
Equity | kr448.00m |
Total liabilities | kr540.00m |
Total assets | kr988.00m |
Recent financial health updates
Is AGES Industri (STO:AGES B) A Risky Investment?
Feb 02Is AGES Industri (STO:AGES B) A Risky Investment?
Oct 19These 4 Measures Indicate That AGES Industri (STO:AGES B) Is Using Debt Extensively
Apr 25AGES Industri (STO:AGES B) Has A Somewhat Strained Balance Sheet
Jan 12Is AGES Industri (STO:AGES B) Using Too Much Debt?
Apr 04Recent updates
Is AGES Industri (STO:AGES B) A Risky Investment?
Feb 02AGES Industri (STO:AGES B) Is Looking To Continue Growing Its Returns On Capital
Nov 14Is AGES Industri (STO:AGES B) A Risky Investment?
Oct 19AGES Industri (STO:AGES B) Shareholders Will Want The ROCE Trajectory To Continue
Jul 13These 4 Measures Indicate That AGES Industri (STO:AGES B) Is Using Debt Extensively
Apr 25AGES Industri (STO:AGES B) Might Have The Makings Of A Multi-Bagger
Mar 10AGES Industri (STO:AGES B) Has A Somewhat Strained Balance Sheet
Jan 12Investors Met With Slowing Returns on Capital At AGES Industri (STO:AGES B)
Oct 27Should You Be Adding AGES Industri (STO:AGES B) To Your Watchlist Today?
Sep 28AGES Industri (STO:AGES B) Hasn't Managed To Accelerate Its Returns
Jul 12AGES Industri (STO:AGES B) Is Finding It Tricky To Allocate Its Capital
Nov 30AGES Industri (STO:AGES B) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Jul 15AGES Industri (STO:AGES B) Has Some Difficulty Using Its Capital Effectively
May 09Is AGES Industri (STO:AGES B) Using Too Much Debt?
Apr 04Are Insiders Buying AGES Industri AB (publ) (STO:AGES B) Stock?
Dec 20Financial Position Analysis
Short Term Liabilities: AGES B's short term assets (SEK383.0M) exceed its short term liabilities (SEK378.0M).
Long Term Liabilities: AGES B's short term assets (SEK383.0M) exceed its long term liabilities (SEK162.0M).
Debt to Equity History and Analysis
Debt Level: AGES B's net debt to equity ratio (51.1%) is considered high.
Reducing Debt: AGES B's debt to equity ratio has increased from 35.3% to 52.2% over the past 5 years.
Debt Coverage: AGES B's debt is well covered by operating cash flow (52.4%).
Interest Coverage: AGES B's interest payments on its debt are well covered by EBIT (5.1x coverage).