CTEK Balance Sheet Health
Financial Health criteria checks 5/6
CTEK has a total shareholder equity of SEK740.9M and total debt of SEK398.2M, which brings its debt-to-equity ratio to 53.7%. Its total assets and total liabilities are SEK1.5B and SEK725.4M respectively. CTEK's EBIT is SEK305.3M making its interest coverage ratio 9.1. It has cash and short-term investments of SEK98.1M.
Key information
53.7%
Debt to equity ratio
SEK 398.20m
Debt
| Interest coverage ratio | 9.1x |
| Cash | SEK 98.10m |
| Equity | SEK 740.90m |
| Total liabilities | SEK 725.40m |
| Total assets | SEK 1.47b |
Recent financial health updates
CTEK (STO:CTEK) Has A Somewhat Strained Balance Sheet
Aug 10
CTEK (STO:CTEK) Is Making Moderate Use Of Debt
Apr 22Recent updates
Some Shareholders Feeling Restless Over CTEK AB (publ)'s (STO:CTEK) P/S Ratio
Dec 13Be Wary Of CTEK (STO:CTEK) And Its Returns On Capital
Sep 07CTEK (STO:CTEK) Has A Somewhat Strained Balance Sheet
Aug 10CTEK (STO:CTEK) Is Making Moderate Use Of Debt
Apr 22CTEK AB (publ)'s (STO:CTEK) Business Is Yet to Catch Up With Its Share Price
Dec 20CTEK (STO:CTEK) Could Be Struggling To Allocate Capital
Mar 12What You Can Learn From CTEK AB (publ)'s (STO:CTEK) P/E After Its 25% Share Price Crash
Nov 22Downgrade: Here's How This Analyst Sees CTEK AB (publ) (STO:CTEK) Performing In The Near Term
Nov 17Estimating The Fair Value Of CTEK AB (publ) (STO:CTEK)
Feb 08Financial Position Analysis
Short Term Liabilities: CTEK's short term assets (SEK534.3M) exceed its short term liabilities (SEK211.5M).
Long Term Liabilities: CTEK's short term assets (SEK534.3M) exceed its long term liabilities (SEK513.9M).
Debt to Equity History and Analysis
Debt Level: CTEK's net debt to equity ratio (40.5%) is considered high.
Reducing Debt: CTEK's debt to equity ratio has reduced from 448.1% to 53.7% over the past 5 years.
Debt Coverage: CTEK's debt is well covered by operating cash flow (34.8%).
Interest Coverage: CTEK's interest payments on its debt are well covered by EBIT (9.1x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/01 12:25 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| 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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
CTEK AB (publ) is covered by 3 analysts. 3 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 |
|---|---|
| Kenneth Toll Johansson | Carnegie Investment Bank AB |
| Sofia von Oelreich | Pareto Securities |
| Mattias Ehrenborg | Redeye |