Storskogen Group Balance Sheet Health
Financial Health criteria checks 3/6
Storskogen Group has a total shareholder equity of SEK20.4B and total debt of SEK10.6B, which brings its debt-to-equity ratio to 51.7%. Its total assets and total liabilities are SEK44.2B and SEK23.7B respectively. Storskogen Group's EBIT is SEK2.4B making its interest coverage ratio 2.5. It has cash and short-term investments of SEK1.6B.
Key information
51.7%
Debt to equity ratio
kr10.56b
Debt
| Interest coverage ratio | 2.5x |
| Cash | kr1.56b |
| Equity | kr20.44b |
| Total liabilities | kr23.73b |
| Total assets | kr44.17b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: STOR B's short term assets (SEK13.6B) exceed its short term liabilities (SEK8.5B).
Long Term Liabilities: STOR B's short term assets (SEK13.6B) do not cover its long term liabilities (SEK15.2B).
Debt to Equity History and Analysis
Debt Level: STOR B's net debt to equity ratio (44%) is considered high.
Reducing Debt: STOR B's debt to equity ratio has reduced from 58.7% to 51.7% over the past 5 years.
Debt Coverage: STOR B's debt is well covered by operating cash flow (31.8%).
Interest Coverage: STOR B's interest payments on its debt are not well covered by EBIT (2.5x coverage).