MilDef Group Balance Sheet Health
Financial Health criteria checks 4/6
MilDef Group has a total shareholder equity of SEK840.0M and total debt of SEK281.3M, which brings its debt-to-equity ratio to 33.5%. Its total assets and total liabilities are SEK1.5B and SEK652.3M respectively. MilDef Group's EBIT is SEK77.9M making its interest coverage ratio 3.4. It has cash and short-term investments of SEK106.9M.
Key information
33.5%
Debt to equity ratio
SEK 281.30m
Debt
Interest coverage ratio | 3.4x |
Cash | SEK 106.90m |
Equity | SEK 840.00m |
Total liabilities | SEK 652.30m |
Total assets | SEK 1.49b |
Recent financial health updates
No updates
Recent updates
MilDef Group AB (publ) (STO:MILDEF) Looks Just Right With A 26% Price Jump
Aug 19MilDef Group AB (publ) Just Beat EPS By 147%: Here's What Analysts Think Will Happen Next
Jul 29MilDef Group AB (publ) Just Reported A Surprise Loss: Here's What Analysts Think Will Happen Next
May 01Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Apr 19Is Now The Time To Look At Buying MilDef Group AB (publ) (STO:MILDEF)?
Nov 26MilDef Group AB (publ)'s (STO:MILDEF) P/S Still Appears To Be Reasonable
May 06We Think That There Are Issues Underlying MilDef Group's (STO:MILDEF) Earnings
Feb 17A Look At The Fair Value Of MilDef Group AB (publ) (STO:MILDEF)
Dec 22MilDef Group (STO:MILDEF) May Have Issues Allocating Its Capital
Jun 04Financial Position Analysis
Short Term Liabilities: MILDEF's short term assets (SEK732.0M) exceed its short term liabilities (SEK425.1M).
Long Term Liabilities: MILDEF's short term assets (SEK732.0M) exceed its long term liabilities (SEK227.2M).
Debt to Equity History and Analysis
Debt Level: MILDEF's net debt to equity ratio (20.8%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if MILDEF's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MILDEF's debt is not well covered by operating cash flow (19.7%).
Interest Coverage: MILDEF's interest payments on its debt are well covered by EBIT (3.4x coverage).