Concentric Balance Sheet Health
Financial Health criteria checks 5/6
Concentric has a total shareholder equity of SEK2.2B and total debt of SEK1.0B, which brings its debt-to-equity ratio to 46.1%. Its total assets and total liabilities are SEK4.3B and SEK2.1B respectively. Concentric's EBIT is SEK533.0M making its interest coverage ratio 12.1. It has cash and short-term investments of SEK724.0M.
Key information
46.1%
Debt to equity ratio
kr1.01b
Debt
| Interest coverage ratio | 12.1x |
| Cash | kr724.00m |
| Equity | kr2.18b |
| Total liabilities | kr2.13b |
| Total assets | kr4.31b |
Recent financial health updates
Is Concentric (STO:COIC) A Risky Investment?
Nov 11
Is 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'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 08Concentric AB (publ)'s (STO:COIC) Sole Analyst Just Made A Dazzling Upgrade To Their Forecasts
Jan 01Estimating The Intrinsic Value Of Concentric AB (publ) (STO:COIC)
Nov 02Calculating The Fair Value Of Concentric AB (publ) (STO:COIC)
Jul 07What Does Concentric AB (publ)'s (STO:COIC) Share Price Indicate?
Jun 09Concentric (STO:COIC) Is Finding It Tricky To Allocate Its Capital
May 01A Look At The Fair Value Of Concentric AB (publ) (STO:COIC)
Apr 01Have Insiders Been Selling Concentric AB (publ) (STO:COIC) Shares This Year?
Mar 20Financial Position Analysis
Short Term Liabilities: COIC's short term assets (SEK1.7B) exceed its short term liabilities (SEK1.1B).
Long Term Liabilities: COIC's short term assets (SEK1.7B) exceed its long term liabilities (SEK1.0B).
Debt to Equity History and Analysis
Debt Level: COIC's net debt to equity ratio (12.9%) is considered satisfactory.
Reducing Debt: COIC's debt to equity ratio has increased from 17.5% to 46.1% over the past 5 years.
Debt Coverage: COIC's debt is well covered by operating cash flow (61.2%).
Interest Coverage: COIC's interest payments on its debt are well covered by EBIT (12.1x coverage).