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OX2 Balance Sheet Health

Financial Health criteria checks 6/6

OX2 has a total shareholder equity of SEK4.4B and total debt of SEK180.0M, which brings its debt-to-equity ratio to 4.1%. Its total assets and total liabilities are SEK7.7B and SEK3.2B respectively. OX2's EBIT is SEK544.0M making its interest coverage ratio -7.2. It has cash and short-term investments of SEK3.2B.

Key information

4.1%

Debt to equity ratio

SEK 180.00m

Debt

Interest coverage ratio-7.2x
CashSEK 3.18b
EquitySEK 4.41b
Total liabilitiesSEK 3.24b
Total assetsSEK 7.65b

Recent financial health updates

These 4 Measures Indicate That OX2 (STO:OX2) Is Using Debt Reasonably Well

Jan 24
These 4 Measures Indicate That OX2 (STO:OX2) Is Using Debt Reasonably Well

Recent updates

A Piece Of The Puzzle Missing From OX2 AB (publ)'s (STO:OX2) 36% Share Price Climb

May 14
A Piece Of The Puzzle Missing From OX2 AB (publ)'s (STO:OX2) 36% Share Price Climb

OX2 AB (publ) Recorded A 45% Miss On Revenue: Analysts Are Revisiting Their Models

Apr 28
OX2 AB (publ) Recorded A 45% Miss On Revenue: Analysts Are Revisiting Their Models

OX2 AB (publ)'s (STO:OX2) Subdued P/E Might Signal An Opportunity

Mar 18
OX2 AB (publ)'s (STO:OX2) Subdued P/E Might Signal An Opportunity

OX2 AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Feb 24
OX2 AB (publ) Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions

Is There Now An Opportunity In OX2 AB (publ) (STO:OX2)?

Feb 23
Is There Now An Opportunity In OX2 AB (publ) (STO:OX2)?

These 4 Measures Indicate That OX2 (STO:OX2) Is Using Debt Reasonably Well

Jan 24
These 4 Measures Indicate That OX2 (STO:OX2) Is Using Debt Reasonably Well

OX2 (STO:OX2) May Have Issues Allocating Its Capital

Nov 29
OX2 (STO:OX2) May Have Issues Allocating Its Capital

Downgrade: What You Need To Know About The Latest OX2 AB (publ) (STO:OX2) Forecasts

Nov 01
Downgrade: What You Need To Know About The Latest OX2 AB (publ) (STO:OX2) Forecasts

Capital Allocation Trends At OX2 (STO:OX2) Aren't Ideal

Jul 23
Capital Allocation Trends At OX2 (STO:OX2) Aren't Ideal

If EPS Growth Is Important To You, OX2 (STO:OX2) Presents An Opportunity

Jun 14
If EPS Growth Is Important To You, OX2 (STO:OX2) Presents An Opportunity

Is There An Opportunity With OX2 AB (publ)'s (STO:OX2) 49% Undervaluation?

Mar 21
Is There An Opportunity With OX2 AB (publ)'s (STO:OX2) 49% Undervaluation?

Be Wary Of OX2 (STO:OX2) And Its Returns On Capital

Feb 11
Be Wary Of OX2 (STO:OX2) And Its Returns On Capital

If EPS Growth Is Important To You, OX2 (STO:OX2) Presents An Opportunity

Jan 20
If EPS Growth Is Important To You, OX2 (STO:OX2) Presents An Opportunity

Be Wary Of OX2 (STO:OX2) And Its Returns On Capital

Oct 12
Be Wary Of OX2 (STO:OX2) And Its Returns On Capital

With EPS Growth And More, OX2 (STO:OX2) Makes An Interesting Case

Sep 15
With EPS Growth And More, OX2 (STO:OX2) Makes An Interesting Case

There Are Reasons To Feel Uneasy About OX2's (STO:OX2) Returns On Capital

Jul 03
There Are Reasons To Feel Uneasy About OX2's (STO:OX2) Returns On Capital

We Think You Should Be Aware Of Some Concerning Factors In OX2's (STO:OX2) Earnings

May 05
We Think You Should Be Aware Of Some Concerning Factors In OX2's (STO:OX2) Earnings

OX2 AB (publ) Just Missed Revenue By 5.5%: Here's What Analysts Think Will Happen Next

Apr 30
OX2 AB (publ) Just Missed Revenue By 5.5%: Here's What Analysts Think Will Happen Next

Financial Position Analysis

Short Term Liabilities: OX2's short term assets (SEK7.3B) exceed its short term liabilities (SEK3.1B).

Long Term Liabilities: OX2's short term assets (SEK7.3B) exceed its long term liabilities (SEK100.0M).


Debt to Equity History and Analysis

Debt Level: OX2 has more cash than its total debt.

Reducing Debt: OX2's debt to equity ratio has reduced from 133.7% to 4.1% over the past 5 years.

Debt Coverage: OX2's debt is well covered by operating cash flow (432.2%).

Interest Coverage: OX2 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


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