ITAB Shop Concept Balance Sheet Health
Financial Health criteria checks 6/6
ITAB Shop Concept has a total shareholder equity of SEK3.2B and total debt of SEK690.0M, which brings its debt-to-equity ratio to 21.5%. Its total assets and total liabilities are SEK5.8B and SEK2.6B respectively. ITAB Shop Concept's EBIT is SEK459.0M making its interest coverage ratio 16.4. It has cash and short-term investments of SEK578.0M.
Key information
21.5%
Debt to equity ratio
kr690.00m
Debt
| Interest coverage ratio | 16.4x |
| Cash | kr578.00m |
| Equity | kr3.21b |
| Total liabilities | kr2.56b |
| Total assets | kr5.77b |
Recent financial health updates
We Think ITAB Shop Concept (STO:ITAB) Can Stay On Top Of Its Debt
Sep 02
We Think ITAB Shop Concept (STO:ITAB) Can Stay On Top Of Its Debt
Jan 15ITAB Shop Concept (STO:ITAB) Seems To Use Debt Quite Sensibly
Jul 12Here's Why ITAB Shop Concept (STO:ITAB B) Has A Meaningful Debt Burden
Mar 08Here's Why ITAB Shop Concept (STO:ITAB B) Is Weighed Down By Its Debt Load
Dec 07Recent updates
ITAB Shop Concept (STO:ITAB) Will Pay A Larger Dividend Than Last Year At SEK0.75
Apr 25ITAB Shop Concept's (STO:ITAB) Returns On Capital Are Heading Higher
Apr 21ITAB Shop Concept's (STO:ITAB) Upcoming Dividend Will Be Larger Than Last Year's
Apr 10ITAB Shop Concept AB (publ)'s (STO:ITAB) Share Price Boosted 26% But Its Business Prospects Need A Lift Too
Feb 23ITAB Shop Concept's (STO:ITAB) Dividend Will Be Increased To SEK0.75
Feb 22ITAB Shop Concept's (STO:ITAB) Solid Earnings Have Been Accounted For Conservatively
Feb 15A Piece Of The Puzzle Missing From ITAB Shop Concept AB (publ)'s (STO:ITAB) 26% Share Price Climb
Dec 28Returns On Capital Signal Tricky Times Ahead For ITAB Shop Concept (STO:ITAB)
Oct 17ITAB Shop Concept (STO:ITAB) Might Be Having Difficulty Using Its Capital Effectively
Jul 04Bearish: Analysts Just Cut Their ITAB Shop Concept AB (publ) (STO:ITAB) Revenue and EPS estimates
Apr 28At kr8.00, Is ITAB Shop Concept AB (publ) (STO:ITAB) Worth Looking At Closely?
Sep 29We Think ITAB Shop Concept (STO:ITAB) Can Stay On Top Of Its Debt
Sep 02We Think ITAB Shop Concept (STO:ITAB) Can Stay On Top Of Its Debt
Jan 15There Are Reasons To Feel Uneasy About ITAB Shop Concept's (STO:ITAB) Returns On Capital
Aug 17ITAB Shop Concept (STO:ITAB) Seems To Use Debt Quite Sensibly
Jul 12Why ITAB Shop Concept AB (publ) (STO:ITAB B) Could Be Worth Watching
May 03Here's Why ITAB Shop Concept (STO:ITAB B) Has A Meaningful Debt Burden
Mar 08Is ITAB Shop Concept AB (publ) (STO:ITAB B) Popular Amongst Insiders?
Feb 08What Type Of Returns Would ITAB Shop Concept's(STO:ITAB B) Shareholders Have Earned If They Purchased Their SharesFive Years Ago?
Jan 12
COO & Senior VP of SBU Lighting Jesper Blomquist Just Bought 11,333% More Shares In ITAB Shop Concept AB (publ) (STO:ITAB B)
Dec 17Here's Why ITAB Shop Concept (STO:ITAB B) Is Weighed Down By Its Debt Load
Dec 07Financial Position Analysis
Short Term Liabilities: ITAB's short term assets (SEK2.5B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: ITAB's short term assets (SEK2.5B) exceed its long term liabilities (SEK1.1B).
Debt to Equity History and Analysis
Debt Level: ITAB's net debt to equity ratio (3.5%) is considered satisfactory.
Reducing Debt: ITAB's debt to equity ratio has reduced from 137.3% to 21.5% over the past 5 years.
Debt Coverage: ITAB's debt is well covered by operating cash flow (117.4%).
Interest Coverage: ITAB's interest payments on its debt are well covered by EBIT (16.4x coverage).