Teqnion Balance Sheet Health
Financial Health criteria checks 6/6
Teqnion has a total shareholder equity of SEK775.1M and total debt of SEK261.4M, which brings its debt-to-equity ratio to 33.7%. Its total assets and total liabilities are SEK1.6B and SEK836.0M respectively. Teqnion's EBIT is SEK152.2M making its interest coverage ratio 7.1. It has cash and short-term investments of SEK179.3M.
Key information
33.7%
Debt to equity ratio
kr261.40m
Debt
| Interest coverage ratio | 7.1x |
| Cash | kr179.30m |
| Equity | kr775.10m |
| Total liabilities | kr836.00m |
| Total assets | kr1.61b |
Recent financial health updates
We Think Teqnion (STO:TEQ) Can Manage Its Debt With Ease
Dec 09
These 4 Measures Indicate That Teqnion (STO:TEQ) Is Using Debt Reasonably Well
Sep 06These 4 Measures Indicate That Teqnion (STO:TEQ) Is Using Debt Safely
Jun 07Teqnion (STO:TEQ) Has A Rock Solid Balance Sheet
Feb 17Is Teqnion (STO:TEQ) Using Too Much Debt?
Aug 24Is Teqnion (STO:TEQ) A Risky Investment?
May 07Recent updates
Teqnion (STO:TEQ) Is Experiencing Growth In Returns On Capital
Feb 10We Think Teqnion (STO:TEQ) Can Manage Its Debt With Ease
Dec 09Do Teqnion's (STO:TEQ) Earnings Warrant Your Attention?
Nov 03The Returns At Teqnion (STO:TEQ) Aren't Growing
Oct 03These 4 Measures Indicate That Teqnion (STO:TEQ) Is Using Debt Reasonably Well
Sep 06These 4 Measures Indicate That Teqnion (STO:TEQ) Is Using Debt Safely
Jun 07With EPS Growth And More, Teqnion (STO:TEQ) Makes An Interesting Case
Apr 29Teqnion (STO:TEQ) Has A Rock Solid Balance Sheet
Feb 17Here's Why We Think Teqnion (STO:TEQ) Is Well Worth Watching
Oct 22Teqnion (STO:TEQ) Might Become A Compounding Machine
Sep 09Is Teqnion (STO:TEQ) Using Too Much Debt?
Aug 24Do Teqnion's (STO:TEQ) Earnings Warrant Your Attention?
Jun 03Is Teqnion (STO:TEQ) A Risky Investment?
May 07Investors Met With Slowing Returns on Capital At Teqnion (STO:TEQ)
Apr 22Does Teqnion (STO:TEQ) Deserve A Spot On Your Watchlist?
Mar 05Does Teqnion (STO:TEQ) Have A Healthy Balance Sheet?
Jan 11With EPS Growth And More, Teqnion (STO:TEQ) Is Interesting
Dec 02Is Teqnion (STO:TEQ) A Risky Investment?
Oct 12Investors Could Be Concerned With Teqnion's (STO:TEQ) Returns On Capital
Sep 12Teqnion (STO:TEQ) Could Easily Take On More Debt
May 26Should You Be Impressed By Teqnion's (STO:TEQ) Returns on Capital?
Mar 11Teqnion (STO:TEQ) Could Easily Take On More Debt
Feb 09What Percentage Of Teqnion AB (publ) (STO:TEQ) Shares Do Insiders Own?
Jan 26If You Had Bought Teqnion (STO:TEQ) Stock A Year Ago, You Could Pocket A 154% Gain Today
Jan 11
Are Strong Financial Prospects The Force That Is Driving The Momentum In Teqnion AB (publ)'s STO:TEQ) Stock?
Dec 28Should You Be Impressed By Teqnion's (STO:TEQ) Returns on Capital?
Dec 11Should You Be Adding Teqnion (STO:TEQ) To Your Watchlist Today?
Nov 26Financial Position Analysis
Short Term Liabilities: TEQ's short term assets (SEK747.3M) exceed its short term liabilities (SEK396.2M).
Long Term Liabilities: TEQ's short term assets (SEK747.3M) exceed its long term liabilities (SEK439.8M).
Debt to Equity History and Analysis
Debt Level: TEQ's net debt to equity ratio (10.6%) is considered satisfactory.
Reducing Debt: TEQ's debt to equity ratio has reduced from 82.4% to 33.7% over the past 5 years.
Debt Coverage: TEQ's debt is well covered by operating cash flow (39.5%).
Interest Coverage: TEQ's interest payments on its debt are well covered by EBIT (7.1x coverage).