Concejo Balance Sheet Health
Financial Health criteria checks 6/6
Concejo has a total shareholder equity of SEK767.9M and total debt of SEK58.3M, which brings its debt-to-equity ratio to 7.6%. Its total assets and total liabilities are SEK1.1B and SEK307.5M respectively. Concejo's EBIT is SEK26.3M making its interest coverage ratio -20.2. It has cash and short-term investments of SEK194.2M.
Key information
7.6%
Debt to equity ratio
SEK 58.30m
Debt
| Interest coverage ratio | -20.2x |
| Cash | SEK 194.20m |
| Equity | SEK 767.90m |
| Total liabilities | SEK 307.50m |
| Total assets | SEK 1.08b |
Recent financial health updates
Concejo (STO:CNCJO B) Could Easily Take On More Debt
Jun 11
Is Concejo (STO:CNCJO B) Using Too Much Debt?
Nov 23Is Concejo (STO:CNCJO B) Using Too Much Debt?
Jul 07Is Concejo (STO:CNCJO B) Using Debt In A Risky Way?
May 26Is Concejo (STO:CNCJO B) Using Too Much Debt?
Dec 30Recent updates
The Strong Earnings Posted By Concejo (STO:CNCJO B) Are A Good Indication Of The Strength Of The Business
Sep 04Cautious Investors Not Rewarding Concejo AB (publ)'s (STO:CNCJO B) Performance Completely
Jul 25Concejo (STO:CNCJO B) Could Easily Take On More Debt
Jun 11Further Upside For Concejo AB (publ) (STO:CNCJO B) Shares Could Introduce Price Risks After 28% Bounce
Apr 10A Piece Of The Puzzle Missing From Concejo AB (publ)'s (STO:CNCJO B) Share Price
Feb 17Is Concejo (STO:CNCJO B) Using Too Much Debt?
Nov 23Is Concejo (STO:CNCJO B) Using Too Much Debt?
Jul 07Is Concejo (STO:CNCJO B) Using Debt In A Risky Way?
May 26Need To Know: One Analyst Is Much More Bullish On Concejo AB (publ) (STO:CNCJO B) Revenues
Mar 02Estimating The Fair Value Of Concejo AB (publ) (STO:CNCJO B)
Feb 26Is Concejo (STO:CNCJO B) Using Too Much Debt?
Dec 30Estimating The Intrinsic Value Of Concejo AB (publ) (STO:CNCJO B)
May 25Analysts Expect Concejo AB (publ) (STO:CNCJO B) To Breakeven Soon
Apr 01How Much Did Concejo's(STO:CNCJO B) Shareholders Earn From Share Price Movements Over The Last Year?
Mar 06A Look At The Intrinsic Value Of Consilium AB (publ) (STO:CONS B)
Dec 03
Financial Position Analysis
Short Term Liabilities: CNCJO B's short term assets (SEK504.1M) exceed its short term liabilities (SEK217.8M).
Long Term Liabilities: CNCJO B's short term assets (SEK504.1M) exceed its long term liabilities (SEK89.7M).
Debt to Equity History and Analysis
Debt Level: CNCJO B has more cash than its total debt.
Reducing Debt: CNCJO B's debt to equity ratio has reduced from 213.9% to 7.6% over the past 5 years.
Debt Coverage: CNCJO B's debt is well covered by operating cash flow (118.5%).
Interest Coverage: CNCJO B earns more interest than it pays, so coverage of interest payments is not a concern.