Concentric Balance Sheet Health
Financial Health criteria checks 5/6
Concentric has a total shareholder equity of SEK2.4B and total debt of SEK873.0M, which brings its debt-to-equity ratio to 37%. Its total assets and total liabilities are SEK4.4B and SEK2.0B respectively. Concentric's EBIT is SEK493.0M making its interest coverage ratio 11.7. It has cash and short-term investments of SEK515.0M.
Key information
37.0%
Debt to equity ratio
SEK 873.00m
Debt
Interest coverage ratio | 11.7x |
Cash | SEK 515.00m |
Equity | SEK 2.36b |
Total liabilities | SEK 2.04b |
Total assets | SEK 4.40b |
Recent financial health updates
Concentric (STO:COIC) Seems To Use Debt Quite Sensibly
Jun 20Is 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 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 01Financial Position Analysis
Short Term Liabilities: COIC's short term assets (SEK1.7B) exceed its short term liabilities (SEK988.0M).
Long Term Liabilities: COIC's short term assets (SEK1.7B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: COIC's net debt to equity ratio (15.2%) is considered satisfactory.
Reducing Debt: COIC's debt to equity ratio has increased from 15.2% to 37% over the past 5 years.
Debt Coverage: COIC's debt is well covered by operating cash flow (65.2%).
Interest Coverage: COIC's interest payments on its debt are well covered by EBIT (11.7x coverage).