QleanAir Balance Sheet Health
Financial Health criteria checks 3/6
QleanAir has a total shareholder equity of SEK202.0M and total debt of SEK208.4M, which brings its debt-to-equity ratio to 103.2%. Its total assets and total liabilities are SEK598.4M and SEK396.4M respectively. QleanAir's EBIT is SEK8.8M making its interest coverage ratio 0.4. It has cash and short-term investments of SEK36.3M.
Key information
103.17%
Debt to equity ratio
SEK 208.41m
Debt
| Interest coverage ratio | 0.4x |
| Cash | SEK 36.29m |
| Equity | SEK 202.00m |
| Total liabilities | SEK 396.41m |
| Total assets | SEK 598.41m |
Recent financial health updates
These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively
Feb 08
These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively
Mar 09We Think QleanAir (STO:QAIR) Is Taking Some Risk With Its Debt
Nov 30Recent updates
QleanAir AB (publ) (STO:QAIR) Stock Rockets 26% But Many Are Still Ignoring The Company
May 16
Launching Six New Products Tailored To Critical Needs Will Drive Traction Across Regions
Feb 10 Focus on industrial air cleaners in Europe and APAC is set to boost revenues and margins by addressing critical customer needs effectively.These 4 Measures Indicate That QleanAir (STO:QAIR) Is Using Debt Extensively
Feb 08One Analyst's Earnings Estimates For QleanAir AB (publ) (STO:QAIR) Are Surging Higher
Nov 24Earnings Miss: QleanAir AB (publ) Missed EPS And Analysts Are Revising Their Forecasts
Nov 12Cautious Investors Not Rewarding QleanAir AB (publ)'s (STO:QAIR) Performance Completely
Nov 09Calculating The Intrinsic Value Of QleanAir AB (publ) (STO:QAIR)
Aug 10QleanAir 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 13Financial Position Analysis
Short Term Liabilities: QAIR's short term assets (SEK171.7M) do not cover its short term liabilities (SEK284.6M).
Long Term Liabilities: QAIR's short term assets (SEK171.7M) exceed its long term liabilities (SEK111.8M).
Debt to Equity History and Analysis
Debt Level: QAIR's net debt to equity ratio (85.2%) is considered high.
Reducing Debt: QAIR's debt to equity ratio has reduced from 252.6% to 103.2% over the past 5 years.
Debt Coverage: QAIR's debt is well covered by operating cash flow (20.1%).
Interest Coverage: QAIR's interest payments on its debt are not well covered by EBIT (0.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/18 16:32 |
| End of Day Share Price | 2025/05/16 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
QleanAir AB (publ) is covered by 1 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Anders Roslund | Pareto Securities |