QleanAir Balance Sheet Health
Financial Health criteria checks 4/6
QleanAir has a total shareholder equity of SEK215.3M and total debt of SEK217.0M, which brings its debt-to-equity ratio to 100.8%. Its total assets and total liabilities are SEK662.0M and SEK446.8M respectively. QleanAir's EBIT is SEK64.1M making its interest coverage ratio 3.7. It has cash and short-term investments of SEK56.9M.
Key information
100.8%
Debt to equity ratio
kr216.99m
Debt
| Interest coverage ratio | 3.7x |
| Cash | kr56.89m |
| Equity | kr215.30m |
| Total liabilities | kr446.75m |
| Total assets | kr662.05m |
Recent financial health updates
These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively
Mar 09
We Think QleanAir (STO:QAIR) Is Taking Some Risk With Its Debt
Nov 30These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Reasonably Well
Jan 27QleanAir Holding (STO:QAIR) Seems To Use Debt Quite Sensibly
Mar 23Is QleanAir Holding (STO:QAIR) A Risky Investment?
Nov 24
Recent updates
QleanAir AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Feb 13Here's What's Concerning About QleanAir's (STO:QAIR) Returns On Capital
Aug 03Estimating The Intrinsic Value Of QleanAir AB (publ) (STO:QAIR)
May 09These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively
Mar 09Investors Will Want QleanAir's (STO:QAIR) Growth In ROCE To Persist
Feb 02We Think QleanAir (STO:QAIR) Is Taking Some Risk With Its Debt
Nov 30Should You Think About Buying QleanAir AB (publ) (STO:QAIR) Now?
Nov 01What Is QleanAir AB (publ)'s (STO:QAIR) Share Price Doing?
Aug 02QleanAir (STO:QAIR) Has Announced That It Will Be Increasing Its Dividend To kr1.50
May 13QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's
Apr 10Is It Time To Consider Buying QleanAir AB (publ) (STO:QAIR)?
Apr 02QleanAir AB's (STO:QAIR) 26% Dip In Price Shows Sentiment Is Matching Earnings
Mar 02QleanAir's (STO:QAIR) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Reasonably Well
Jan 27Why The 20% Return On Capital At QleanAir Holding (STO:QAIR) Should Have Your Attention
May 26Calculating The Intrinsic Value Of QleanAir Holding AB (publ) (STO:QAIR)
May 05QleanAir Holding (STO:QAIR) Seems To Use Debt Quite Sensibly
Mar 23The Attractive Combination That Could Earn QleanAir Holding AB (publ) (STO:QAIR) A Place In Your Dividend Portfolio
Mar 04QleanAir Holding AB (publ) Just Beat EPS By 23%: Here's What Analysts Think Will Happen Next
Feb 17
Did You Miss QleanAir Holding's (STO:QAIR) 31% Share Price Gain?
Jan 19Estimating The Intrinsic Value Of QleanAir Holding AB (publ) (STO:QAIR)
Dec 27Returns On Capital - An Important Metric For QleanAir Holding (STO:QAIR)
Dec 12Is QleanAir Holding (STO:QAIR) A Risky Investment?
Nov 24Financial Position Analysis
Short Term Liabilities: QAIR's short term assets (SEK226.0M) do not cover its short term liabilities (SEK277.0M).
Long Term Liabilities: QAIR's short term assets (SEK226.0M) exceed its long term liabilities (SEK169.8M).
Debt to Equity History and Analysis
Debt Level: QAIR's net debt to equity ratio (74.4%) is considered high.
Reducing Debt: QAIR's debt to equity ratio has reduced from 545.1% to 100.8% over the past 5 years.
Debt Coverage: QAIR's debt is well covered by operating cash flow (28.9%).
Interest Coverage: QAIR's interest payments on its debt are well covered by EBIT (3.7x coverage).