Momentum Group Balance Sheet Health
Financial Health criteria checks 5/6
Momentum Group has a total shareholder equity of SEK696.0M and total debt of SEK465.0M, which brings its debt-to-equity ratio to 66.8%. Its total assets and total liabilities are SEK2.1B and SEK1.4B respectively. Momentum Group's EBIT is SEK269.0M making its interest coverage ratio 9. It has cash and short-term investments of SEK84.0M.
Key information
66.8%
Debt to equity ratio
SEK 465.00m
Debt
| Interest coverage ratio | 9x |
| Cash | SEK 84.00m |
| Equity | SEK 696.00m |
| Total liabilities | SEK 1.43b |
| Total assets | SEK 2.12b |
Recent financial health updates
No updates
Recent updates
Does This Valuation Of Momentum Group AB (publ) (STO:MMGR B) Imply Investors Are Overpaying?
May 24
Why 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 (SEK996.0M) exceed its short term liabilities (SEK769.0M).
Long Term Liabilities: MMGR B's short term assets (SEK996.0M) exceed its long term liabilities (SEK659.0M).
Debt to Equity History and Analysis
Debt Level: MMGR B's net debt to equity ratio (54.7%) is considered high.
Reducing Debt: MMGR B's debt to equity ratio has reduced from 88.9% to 66.8% over the past 5 years.
Debt Coverage: MMGR B's debt is well covered by operating cash flow (60.4%).
Interest Coverage: MMGR B's interest payments on its debt are well covered by EBIT (9x coverage).