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
We Like Momentum Group's (STO:MMGR B) Earnings For More Than Just Statutory Profit
Nov 04
Earnings 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).