Momentum Group Balance Sheet Health
Financial Health criteria checks 5/6
Momentum Group has a total shareholder equity of SEK744.0M and total debt of SEK399.0M, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are SEK2.1B and SEK1.3B respectively. Momentum Group's EBIT is SEK285.0M making its interest coverage ratio 8.9. It has cash and short-term investments of SEK65.0M.
Key information
53.6%
Debt to equity ratio
SEK 399.00m
Debt
| Interest coverage ratio | 8.9x |
| Cash | SEK 65.00m |
| Equity | SEK 744.00m |
| Total liabilities | SEK 1.32b |
| Total assets | SEK 2.06b |
Recent financial health updates
No updates
Recent updates
Momentum Group AB (publ)'s (STO:MMGR B) Share Price Could Signal Some Risk
Nov 27
We Like Momentum Group's (STO:MMGR B) Earnings For More Than Just Statutory Profit
Nov 04Earnings Update: Here's Why Analysts Just Lifted Their Momentum Group AB (publ) (STO:MMGR B) Price Target To kr183
Oct 28Is Now The Time To Put Momentum Group (STO:MMGR B) On Your Watchlist?
Oct 10Does This Valuation Of Momentum Group AB (publ) (STO:MMGR B) Imply Investors Are Overpaying?
May 24Why Momentum Group's (STO:MMGR B) Earnings Are Better Than They Seem
Apr 05Estimating The Intrinsic Value Of Momentum Group AB (publ) (STO:MMGR B)
Sep 19Analysts' Revenue Estimates For Momentum Group AB (publ) (STO:MMGR B) Are Surging Higher
Jul 18Momentum Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Feb 18Is Momentum Group AB (publ) (STO:MMGR B) Trading At A 25% Discount?
Jan 13Financial Position Analysis
Short Term Liabilities: MMGR B's short term assets (SEK940.0M) exceed its short term liabilities (SEK666.0M).
Long Term Liabilities: MMGR B's short term assets (SEK940.0M) exceed its long term liabilities (SEK653.0M).
Debt to Equity History and Analysis
Debt Level: MMGR B's net debt to equity ratio (44.9%) is considered high.
Reducing Debt: MMGR B's debt to equity ratio has reduced from 82.1% to 53.6% over the past 5 years.
Debt Coverage: MMGR B's debt is well covered by operating cash flow (78.9%).
Interest Coverage: MMGR B's interest payments on its debt are well covered by EBIT (8.9x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 15:44 |
| End of Day Share Price | 2024/12/20 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 |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| 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
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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
Momentum Group AB (publ) is covered by 3 analysts. 2 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 |
|---|---|
| null null | Danske Bank |
| Emanuel Jansson | Danske Bank |
| Karl-Johan Bonnevier | DNB Markets |