Ferronordic Balance Sheet Health

Financial Health criteria checks 2/6

Ferronordic has a total shareholder equity of SEK1.6B and total debt of SEK1.7B, which brings its debt-to-equity ratio to 104.5%. Its total assets and total liabilities are SEK4.7B and SEK3.1B respectively.

Key information

104.5%

Debt to equity ratio

kr1.70b

Debt

Interest coverage ratio	n/a
Cash	kr426.00m
Equity	kr1.62b
Total liabilities	kr3.08b
Total assets	kr4.71b

Recent financial health updates

Recent updates

Cautious Investors Not Rewarding Ferronordic AB (publ)'s (STO:FNM) Performance Completely

Mar 01

Capital Allocation Trends At Ferronordic (STO:FNM) Aren't Ideal

Dec 24

Here's Why Ferronordic (STO:FNM) Has A Meaningful Debt Burden

Nov 04

Is Ferronordic AB (publ) (STO:FNM) Potentially Undervalued?

Sep 26

Here's What Ferronordic's (STO:FNM) Strong Returns On Capital Mean

Aug 16

Is Ferronordic (STO:FNM) Using Too Much Debt?

Jul 09

Time To Worry? Analysts Are Downgrading Their Ferronordic AB (publ) (STO:FNM) Outlook

May 21

Time To Worry? Analysts Just Downgraded Their Ferronordic AB (publ) (STO:FNM) Outlook

May 07

Ferronordic (STO:FNM) Is Reinvesting To Multiply In Value

Apr 15

Is Now The Time To Look At Buying Ferronordic AB (publ) (STO:FNM)?

Mar 28

Does Ferronordic (STO:FNM) Deserve A Spot On Your Watchlist?

Jan 23

Is Ferronordic (STO:FNM) A Risky Investment?

Jan 11

We Think Ferronordic (STO:FNM) Can Stay On Top Of Its Debt

Aug 12

Do Ferronordic's (STO:FNM) Earnings Warrant Your Attention?

May 23

Ferronordic (STO:FNM) Is Investing Its Capital With Increasing Efficiency

Apr 30

Financial Position Analysis

Short Term Liabilities: FNM's short term assets (SEK2.5B) exceed its short term liabilities (SEK2.1B).

Long Term Liabilities: FNM's short term assets (SEK2.5B) exceed its long term liabilities (SEK1.0B).

Debt to Equity History and Analysis

Debt Level: FNM's net debt to equity ratio (78.2%) is considered high.

Reducing Debt: FNM's debt to equity ratio has increased from 0% to 104.5% over the past 5 years.

Debt Coverage: FNM's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if FNM's interest payments on its debt are well covered by EBIT.

Ferronordic Balance Sheet Health

Financial Health criteria checks 2/6

Key information

Recent financial health updates

Here's Why Ferronordic (STO:FNM) Has A Meaningful Debt Burden

Is Ferronordic (STO:FNM) Using Too Much Debt?

Is Ferronordic (STO:FNM) A Risky Investment?

We Think Ferronordic (STO:FNM) Can Stay On Top Of Its Debt

Recent updates

Full year 2023 earnings: EPS misses analyst expectations

Ferronordic AB (publ) Proposes No Dividend

Insider recently sold kr272k worth of stock

Cautious Investors Not Rewarding Ferronordic AB (publ)'s (STO:FNM) Performance Completely

New major risk - Financial position

Ferronordic AB (publ) to Report Q2, 2024 Results on Aug 15, 2024

Consensus EPS estimates fall by 14%

Price target decreased by 7.6% to kr85.50

Price target decreased by 7.6% to kr85.50

Insider recently sold kr576k worth of stock

Group CFO & Head of Investor Relations recently sold kr1.9m worth of stock

Ferronordic AB (publ) to Report Q1, 2024 Results on May 16, 2024

Ferronordic AB (publ) (OM:FNM) completed the acquisition of Rudd Equipment Company, Inc. for $95 million.

President recently bought kr4.9m worth of stock

Third quarter 2023 earnings: EPS and revenues miss analyst expectations

Investor sentiment improves as stock rises 19%

Ferronordic AB (publ), Annual General Meeting, May 16, 2024

Insider recently sold kr123k worth of stock

Second quarter 2023 earnings: EPS and revenues exceed analyst expectations

Consensus EPS estimates fall from profit to kr0.61 loss, revenue upgraded

Ferronordic AB (publ) to Report Fiscal Year 2023 Results on Feb 22, 2024

Independent Director recently bought kr3.7m worth of stock

New minor risk - Market cap size

Investor sentiment deteriorates as stock falls 16%

Ferronordic AB (Publ) Approves Dividend, Payable Around 19 May 2023

Upcoming dividend of kr7.50 per share at 8.0% yield

General Counsel recently sold kr385k worth of stock

Consensus EPS estimates increase by 31%

Full year 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Ferronordic AB (publ) to Report Q2, 2023 Results on Aug 17, 2023

General Counsel recently sold kr207k worth of stock

Gilk, Ao acquired Ferronordic Machines LLC, Ferronordic Torgoviy Dom LLC, Ferronordic Torgovaja Kompanija LLC and Ferronordic Arkhangelsk LLC from Ferronordic AB (publ) (OM:FNM) for SEK 1.3 billion.

Capital Allocation Trends At Ferronordic (STO:FNM) Aren't Ideal

Investor sentiment improved over the past week

Consensus EPS estimates increase by 72%

Ferronordic AB (publ) (OM:FNM) agreed to acquire Henrich Arnke for €0.08 million.

Price target increased to kr45.00

Third quarter 2022 earnings: EPS and revenues exceed analyst expectations

Investor sentiment improved over the past week

Consensus EPS estimates increase by 50%

Here's Why Ferronordic (STO:FNM) Has A Meaningful Debt Burden

Consensus EPS estimates increase by 133%

Is Ferronordic AB (publ) (STO:FNM) Potentially Undervalued?

Ferronordic AB (publ) to Report Fiscal Year 2022 Results on Feb 17, 2023

Price target increased to kr59.50

Second quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Consensus EPS estimates increase by 10%

Here's What Ferronordic's (STO:FNM) Strong Returns On Capital Mean

Consensus EPS estimates increase by 14%

Is Ferronordic (STO:FNM) Using Too Much Debt?

Ferronordic AB (Publ) Announces Resignation of Ceren Wende as Director of Marketing and Communication and Member of Executive Management

Time To Worry? Analysts Are Downgrading Their Ferronordic AB (publ) (STO:FNM) Outlook

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

Time To Worry? Analysts Just Downgraded Their Ferronordic AB (publ) (STO:FNM) Outlook

Consensus forecasts updated

Price target decreased to kr223

Ferronordic (STO:FNM) Is Reinvesting To Multiply In Value

Is Now The Time To Look At Buying Ferronordic AB (publ) (STO:FNM)?

Insider recently sold kr5.0m worth of stock

General Counsel recently bought kr326k worth of stock

Full year 2021 earnings: EPS in line with analyst expectations despite revenue beat

Ferronordic AB (publ) to Report Nine Months, 2022 Results on Nov 11, 2022

Ferronordic AB (Publ) Recommends Dividend for the Year Ended 31 December 2021

Investor sentiment deteriorated over the past week

Price target decreased to kr260

Does Ferronordic (STO:FNM) Deserve A Spot On Your Watchlist?

Investor sentiment deteriorated over the past week

Is Ferronordic (STO:FNM) A Risky Investment?

Ferronordic AB (publ) (OM:FNM) acquired Truck Center KrÄMer Gmbh for SEK 66 million.

Insider recently sold kr126k worth of stock

Third quarter 2021 earnings released: EPS kr7.48 (vs kr5.57 in 3Q 2020)