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Concentric Balance Sheet Health
Financial Health criteria checks 5/6
Concentric has a total shareholder equity of SEK2.2B and total debt of SEK836.0M, which brings its debt-to-equity ratio to 38%. Its total assets and total liabilities are SEK4.2B and SEK2.0B respectively. Concentric's EBIT is SEK349.0M making its interest coverage ratio 14. It has cash and short-term investments of SEK374.0M.
Key information
38.0%
Debt to equity ratio
SEK 836.00m
Debt
| Interest coverage ratio | 14x |
| Cash | SEK 374.00m |
| Equity | SEK 2.20b |
| Total liabilities | SEK 2.00b |
| Total assets | SEK 4.19b |
Recent financial health updates
Concentric (STO:COIC) Seems To Use Debt Quite Sensibly
Jun 20
Is Concentric (STO:COIC) A Risky Investment?
Nov 11Is Concentric (STO:COIC) Using Too Much Debt?
May 10Is Concentric (STO:COIC) Using Too Much Debt?
Dec 13Concentric (STO:COIC) Has A Rock Solid Balance Sheet
Sep 02We Think Concentric (STO:COIC) Can Manage Its Debt With Ease
May 13Recent updates
Concentric (STO:COIC) Seems To Use Debt Quite Sensibly
Jun 20Concentric AB (publ) Just Beat Revenue By 8.8%: Here's What Analysts Think Will Happen Next
May 11Concentric's (STO:COIC) Dividend Will Be Increased To SEK4.25
Mar 20Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.25
Feb 10At kr173, Is It Time To Put Concentric AB (publ) (STO:COIC) On Your Watch List?
Dec 15Is Concentric (STO:COIC) A Risky Investment?
Nov 11We Ran A Stock Scan For Earnings Growth And Concentric (STO:COIC) Passed With Ease
Jun 21Is Concentric (STO:COIC) Using Too Much Debt?
May 10Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05Concentric (STO:COIC) Is Increasing Its Dividend To SEK4.00
Feb 11Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)
Jan 10Is Concentric (STO:COIC) Using Too Much Debt?
Dec 13Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?
Nov 19Why Concentric AB (publ) (STO:COIC) Could Be Worth Watching
Oct 27Concentric (STO:COIC) Has A Rock Solid Balance Sheet
Sep 02Should You Be Adding Concentric (STO:COIC) To Your Watchlist Today?
Aug 08We Think Concentric (STO:COIC) Can Manage Its Debt With Ease
May 13Concentric (STO:COIC) Is Paying Out A Larger Dividend Than Last Year
Apr 22Concentric's (STO:COIC) Upcoming Dividend Will Be Larger Than Last Year's
Apr 08Financial Position Analysis
Short Term Liabilities: COIC's short term assets (SEK1.5B) exceed its short term liabilities (SEK1.0B).
Long Term Liabilities: COIC's short term assets (SEK1.5B) exceed its long term liabilities (SEK980.0M).
Debt to Equity History and Analysis
Debt Level: COIC's net debt to equity ratio (21%) is considered satisfactory.
Reducing Debt: COIC's debt to equity ratio has increased from 16.6% to 38% over the past 5 years.
Debt Coverage: COIC's debt is well covered by operating cash flow (63.9%).
Interest Coverage: COIC's interest payments on its debt are well covered by EBIT (14x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/28 07:05 |
| End of Day Share Price | 2024/10/28 00:00 |
| Earnings | 2024/06/30 |
| 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
Concentric AB (publ) is covered by 5 analysts. 1 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 |
|---|---|
| Erik Pettersson-Golrang | ABG Sundal Collier |
| Björn Enarson | Danske Bank |
| Mats Liss | Kepler Cheuvreux |