Storskogen Group Balance Sheet Health
Financial Health criteria checks 3/6
Storskogen Group has a total shareholder equity of SEK20.1B and total debt of SEK10.5B, which brings its debt-to-equity ratio to 52.4%. Its total assets and total liabilities are SEK43.3B and SEK23.2B respectively. Storskogen Group's EBIT is SEK1.8B making its interest coverage ratio 2. It has cash and short-term investments of SEK1.3B.
Key information
52.4%
Debt to equity ratio
SEK 10.54b
Debt
| Interest coverage ratio | 2x |
| Cash | SEK 1.28b |
| Equity | SEK 20.13b |
| Total liabilities | SEK 23.20b |
| Total assets | SEK 43.33b |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: STOR B's short term assets (SEK13.7B) exceed its short term liabilities (SEK8.9B).
Long Term Liabilities: STOR B's short term assets (SEK13.7B) do not cover its long term liabilities (SEK14.3B).
Debt to Equity History and Analysis
Debt Level: STOR B's net debt to equity ratio (46%) is considered high.
Reducing Debt: STOR B's debt to equity ratio has reduced from 78.7% to 52.4% over the past 5 years.
Debt Coverage: STOR B's debt is well covered by operating cash flow (27.3%).
Interest Coverage: STOR B's interest payments on its debt are not well covered by EBIT (2x coverage).