CTT Systems Balance Sheet Health
Financial Health criteria checks 6/6
CTT Systems has a total shareholder equity of SEK338.5M and total debt of SEK44.0M, which brings its debt-to-equity ratio to 13%. Its total assets and total liabilities are SEK444.8M and SEK106.3M respectively. CTT Systems's EBIT is SEK131.2M making its interest coverage ratio 48.6. It has cash and short-term investments of SEK143.1M.
Key information
13.0%
Debt to equity ratio
kr44.00m
Debt
| Interest coverage ratio | 48.6x |
| Cash | kr143.10m |
| Equity | kr338.50m |
| Total liabilities | kr106.30m |
| Total assets | kr444.80m |
Recent financial health updates
CTT Systems (STO:CTT) Has A Pretty Healthy Balance Sheet
Apr 15
Here's Why CTT Systems (STO:CTT) Can Manage Its Debt Responsibly
Jan 14
Recent updates
Shareholders Will Be Pleased With The Quality of CTT Systems' (STO:CTT) Earnings
May 04CTT Systems (STO:CTT) Is Paying Out A Larger Dividend Than Last Year
Apr 27CTT Systems' (STO:CTT) Dividend Will Be Increased To SEK8.70
Apr 12CTT Systems AB (publ) (STO:CTT) Stocks Shoot Up 30% But Its P/E Still Looks Reasonable
Apr 06CTT Systems' (STO:CTT) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 29Here's Why We Think CTT Systems (STO:CTT) Is Well Worth Watching
Feb 07CTT Systems (STO:CTT) Will Pay A Larger Dividend Than Last Year At SEK4.05
Apr 05CTT Systems (STO:CTT) Is Increasing Its Dividend To SEK4.05
Feb 10Is There Now An Opportunity In CTT Systems AB (publ) (STO:CTT)?
Jan 19Is It Too Late To Consider Buying CTT Systems AB (publ) (STO:CTT)?
Jul 28Why CTT Systems AB (publ) (STO:CTT) Could Be Worth Watching
Mar 06A Look At The Intrinsic Value Of CTT Systems AB (STO:CTT)
May 28CTT Systems (STO:CTT) Has A Pretty Healthy Balance Sheet
Apr 15Returns On Capital At CTT Systems (STO:CTT) Paint A Concerning Picture
Mar 26When Should You Buy CTT Systems AB (STO:CTT)?
Mar 13CTT Systems (STO:CTT) Has Gifted Shareholders With A Fantastic 273% Total Return On Their Investment
Mar 02Independent Director Per Fyrenius Just Bought 47% More Shares In CTT Systems AB (STO:CTT)
Feb 20Could The CTT Systems AB (STO:CTT) Ownership Structure Tell Us Something Useful?
Feb 13Should CTT Systems AB (STO:CTT) Be Part Of Your Income Portfolio?
Feb 03Is CTT Systems AB's (STO:CTT) Latest Stock Performance A Reflection Of Its Financial Health?
Jan 24Here's Why CTT Systems (STO:CTT) Can Manage Its Debt Responsibly
Jan 14Estimating The Intrinsic Value Of CTT Systems AB (STO:CTT)
Jan 04Our Take On The Returns On Capital At CTT Systems (STO:CTT)
Dec 26Did CTT Systems AB (STO:CTT) Insiders Buy Up More Shares?
Dec 16At kr159, Is CTT Systems AB (STO:CTT) Worth Looking At Closely?
Dec 06CTT Systems (STO:CTT) Has Gifted Shareholders With A Fantastic 220% Total Return On Their Investment
Nov 25Financial Position Analysis
Short Term Liabilities: CTT's short term assets (SEK321.6M) exceed its short term liabilities (SEK61.4M).
Long Term Liabilities: CTT's short term assets (SEK321.6M) exceed its long term liabilities (SEK44.9M).
Debt to Equity History and Analysis
Debt Level: CTT has more cash than its total debt.
Reducing Debt: CTT's debt to equity ratio has reduced from 14.9% to 13% over the past 5 years.
Debt Coverage: CTT's debt is well covered by operating cash flow (333.4%).
Interest Coverage: CTT's interest payments on its debt are well covered by EBIT (48.6x coverage).