Garo Aktiebolag Balance Sheet Health
Financial Health criteria checks 4/6
Garo Aktiebolag has a total shareholder equity of SEK607.9M and total debt of SEK218.0M, which brings its debt-to-equity ratio to 35.9%. Its total assets and total liabilities are SEK1.2B and SEK564.5M respectively. Garo Aktiebolag's EBIT is SEK65.1M making its interest coverage ratio 28.3. It has cash and short-term investments of SEK11.3M.
Key information
35.9%
Debt to equity ratio
kr218.00m
Debt
| Interest coverage ratio | 28.3x |
| Cash | kr11.30m |
| Equity | kr607.90m |
| Total liabilities | kr564.50m |
| Total assets | kr1.17b |
Recent financial health updates
We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt
Mar 23
Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden
Dec 08Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt
Jul 08Garo Aktiebolag (STO:GARO) Seems To Use Debt Quite Sensibly
Sep 27Recent updates
Shareholders May Be Wary Of Increasing Garo Aktiebolag (publ)'s (STO:GARO) CEO Compensation Package
May 08There May Be Some Bright Spots In Garo Aktiebolag's (STO:GARO) Earnings
Apr 18We Think Garo Aktiebolag (STO:GARO) Is Taking Some Risk With Its Debt
Mar 23Earnings Miss: Garo Aktiebolag (publ) Missed EPS By 41% And Analysts Are Revising Their Forecasts
Feb 24Some Confidence Is Lacking In Garo Aktiebolag (publ) (STO:GARO) As Shares Slide 26%
Feb 15Garo Aktiebolag (publ) (STO:GARO) Analysts Are More Bearish Than They Used To Be
Feb 02The Returns On Capital At Garo Aktiebolag (STO:GARO) Don't Inspire Confidence
Jan 31Is Now The Time To Look At Buying Garo Aktiebolag (publ) (STO:GARO)?
Jan 16Garo Aktiebolag (publ) (STO:GARO) Stocks Shoot Up 45% But Its P/S Still Looks Reasonable
Dec 18Here's Why Garo Aktiebolag (STO:GARO) Has A Meaningful Debt Burden
Dec 08Returns On Capital At Garo Aktiebolag (STO:GARO) Paint A Concerning Picture
Sep 14Garo Aktiebolag (STO:GARO) Takes On Some Risk With Its Use Of Debt
Jul 08Is Garo Aktiebolag (publ) (STO:GARO) Potentially Undervalued?
May 14Be Wary Of Garo Aktiebolag (STO:GARO) And Its Returns On Capital
Mar 23Calculating The Intrinsic Value Of Garo Aktiebolag (publ) (STO:GARO)
Feb 25Estimating The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)
Oct 27Garo Aktiebolag (STO:GARO) Might Become A Compounding Machine
Oct 12Garo Aktiebolag (STO:GARO) Seems To Use Debt Quite Sensibly
Sep 27Do Garo Aktiebolag's (STO:GARO) Earnings Warrant Your Attention?
Aug 06A Look At The Fair Value Of Garo Aktiebolag (publ) (STO:GARO)
Jul 07Here's Why I Think Garo Aktiebolag (STO:GARO) Might Deserve Your Attention Today
Mar 18Garo Aktiebolag (publ) (STO:GARO) Shares Could Be 20% Above Their Intrinsic Value Estimate
Mar 05Financial Position Analysis
Short Term Liabilities: GARO's short term assets (SEK742.3M) exceed its short term liabilities (SEK480.6M).
Long Term Liabilities: GARO's short term assets (SEK742.3M) exceed its long term liabilities (SEK83.9M).
Debt to Equity History and Analysis
Debt Level: GARO's net debt to equity ratio (34%) is considered satisfactory.
Reducing Debt: GARO's debt to equity ratio has increased from 16.1% to 35.9% over the past 5 years.
Debt Coverage: GARO's debt is not well covered by operating cash flow (13%).
Interest Coverage: GARO's interest payments on its debt are well covered by EBIT (28.3x coverage).