Momentum Group Balance Sheet Health
Financial Health criteria checks 4/6
Momentum Group has a total shareholder equity of SEK656.0M and total debt of SEK373.0M, which brings its debt-to-equity ratio to 56.9%. Its total assets and total liabilities are SEK1.9B and SEK1.2B respectively. Momentum Group's EBIT is SEK238.0M making its interest coverage ratio 12.5. It has cash and short-term investments of SEK47.0M.
Key information
56.9%
Debt to equity ratio
kr373.00m
Debt
| Interest coverage ratio | 12.5x |
| Cash | kr47.00m |
| Equity | kr656.00m |
| Total liabilities | kr1.21b |
| Total assets | kr1.86b |
Recent financial health updates
No updates
Recent updates
Why Momentum Group's (STO:MMGR B) Earnings Are Better Than They Seem
Apr 05
Estimating 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 (SEK848.0M) exceed its short term liabilities (SEK578.0M).
Long Term Liabilities: MMGR B's short term assets (SEK848.0M) exceed its long term liabilities (SEK628.0M).
Debt to Equity History and Analysis
Debt Level: MMGR B's net debt to equity ratio (49.7%) is considered high.
Reducing Debt: Insufficient data to determine if MMGR B's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: MMGR B's debt is well covered by operating cash flow (69.7%).
Interest Coverage: MMGR B's interest payments on its debt are well covered by EBIT (12.5x coverage).