Scandinavian Enviro Systems Balance Sheet Health

Financial Health criteria checks 6/6

Scandinavian Enviro Systems has a total shareholder equity of SEK395.1M and total debt of SEK4.9M, which brings its debt-to-equity ratio to 1.2%. Its total assets and total liabilities are SEK450.5M and SEK55.4M respectively. Scandinavian Enviro Systems's EBIT is SEK13.3M making its interest coverage ratio -2.4. It has cash and short-term investments of SEK156.2M.

Key information

1.2%

Debt to equity ratio

SEK 4.87m

Debt

Interest coverage ratio	-2.4x
Cash	SEK 156.23m
Equity	SEK 395.06m
Total liabilities	SEK 55.45m
Total assets	SEK 450.50m

Recent financial health updates

We're Not Very Worried About Scandinavian Enviro Systems' (STO:SES) Cash Burn Rate

Jun 17

Scandinavian Enviro Systems (STO:SES) Is In A Good Position To Deliver On Growth Plans

Mar 02

Recent updates

Scandinavian Enviro Systems' (STO:SES) Strong Earnings Are Of Good Quality

Aug 30

We're Not Very Worried About Scandinavian Enviro Systems' (STO:SES) Cash Burn Rate

Jun 17

Scandinavian Enviro Systems (STO:SES) Is In A Good Position To Deliver On Growth Plans

Mar 02

Jan Bruzelius Is The Independent Director of Scandinavian Enviro Systems AB (publ) (STO:SES) And They Just Picked Up 20% More Shares

Mar 06

Here's What Scandinavian Enviro Systems AB (publ)'s (STO:SES) Shareholder Ownership Structure Looks Like

Jan 25

Our View On Scandinavian Enviro Systems' (STO:SES) CEO Pay

Dec 03

Financial Position Analysis

Short Term Liabilities: SES's short term assets (SEK174.5M) exceed its short term liabilities (SEK51.5M).

Long Term Liabilities: SES's short term assets (SEK174.5M) exceed its long term liabilities (SEK4.0M).

Debt to Equity History and Analysis

Debt Level: SES has more cash than its total debt.

Reducing Debt: SES's debt to equity ratio has reduced from 6.4% to 1.2% over the past 5 years.

Debt Coverage: SES's debt is well covered by operating cash flow (1080.5%).

Interest Coverage: SES earns more interest than it pays, so coverage of interest payments is not a concern.

Scandinavian Enviro Systems Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

We're Not Very Worried About Scandinavian Enviro Systems' (STO:SES) Cash Burn Rate

Scandinavian Enviro Systems (STO:SES) Is In A Good Position To Deliver On Growth Plans

Recent updates

Scandinavian Enviro Systems AB (Publ) Announces CFO Changes

Scandinavian Enviro Systems' (STO:SES) Strong Earnings Are Of Good Quality

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Chief Executive Officer recently bought kr154k worth of stock

Chief Executive Officer recently bought kr154k worth of stock

New major risk - Revenue and earnings growth

First quarter 2024 earnings: EPS and revenues exceed analyst expectations

Forecast to breakeven in 2024

Full year 2023 earnings released: kr0.12 loss per share (vs kr0.13 loss in FY 2022)

Scandinavian Enviro Systems AB (publ) to Report Fiscal Year 2024 Results on Feb 26, 2025

Enviro Appoints Fredrik Emilson as CEO

Scandinavian Enviro Systems AB (Publ) Announces Chief Executive Officer Changes

Third quarter 2023 earnings released: kr0.024 loss per share (vs kr0.03 loss in 3Q 2022)

Scandinavian Enviro Systems AB (publ) to Report Fiscal Year 2023 Results on Feb 23, 2024

New major risk - Revenue and earnings growth

Scandinavian Enviro Systems AB (Publ) Appoints Christian Bergaust as Interim Chief Financial Officer

New minor risk - Share price stability

Scandinavian Enviro Systems AB (publ) Announces Resignation of CFO Staffan Kullberg

Scandinavian Enviro Systems AB (Publ) Develops New Type of Recovered Carbon Black with Improved Properties

Enviro Appoints Mårten Wikforss as Responsible for IR and Communications

Second quarter 2023 earnings released: kr0.034 loss per share (vs kr0.032 loss in 2Q 2022)

Scandinavian Enviro Systems AB (publ) Announces Executive Changes

Scandinavian Enviro Systems AB (Publ) Approves Appointment of Fabien Gaboriaud as Board Member

Independent Director recently bought kr91k worth of stock

First quarter 2023 earnings released: kr0.037 loss per share (vs kr0.027 loss in 1Q 2022)

Scandinavian Enviro Systems AB (publ), Annual General Meeting, Jun 14, 2023

Director recently bought kr66k worth of stock

Director recently bought kr66k worth of stock

Full year 2022 earnings released: kr0.13 loss per share (vs kr0.10 loss in FY 2021)

Third quarter 2022 earnings released: kr0.03 loss per share (vs kr0.02 loss in 3Q 2021)

Less than half of directors are independent

Scandinavian Enviro Systems AB (Publ) Announces Construction Permit Grant for Plan Facility in Uddevalla

Scandinavian Enviro Systems AB (Publ) Initiates Detailed Design Stage for Its Plant in Uddevalla

Scandinavian Enviro Systems AB (Publ) Appoints Staffan Kullberg as New CFO

Second quarter 2022 earnings released: kr0.032 loss per share (vs kr0.026 loss in 2Q 2021)

Enviro Receives Environmental Permit for Planned Facility in Uddevalla

We're Not Very Worried About Scandinavian Enviro Systems' (STO:SES) Cash Burn Rate

First quarter 2022 earnings released: kr0.027 loss per share (vs kr0.021 loss in 1Q 2021)

Less than half of directors are independent

Scandinavian Enviro Systems Launches Updated Brand Platform and New Graphic Profile

Scandinavian Enviro Systems (STO:SES) Is In A Good Position To Deliver On Growth Plans

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Scandinavian Enviro Systems AB (publ), Annual General Meeting, May 24, 2023

Third quarter 2021 earnings released: kr0.02 loss per share (vs kr0.022 loss in 3Q 2020)

Second quarter 2021 earnings released: kr0.026 loss per share (vs kr0.022 loss in 2Q 2020)

Chief Executive Officer recently sold kr368k worth of stock

Michelin Presents Another Sustainable Racing Tyre Based on Recovered Carbon Black from Scandinavian Enviro Systems AB

First quarter 2021 earnings released: kr0.021 loss per share (vs kr0.025 loss in 1Q 2020)

Independent Director recently bought kr449k worth of stock

Jan Bruzelius Is The Independent Director of Scandinavian Enviro Systems AB (publ) (STO:SES) And They Just Picked Up 20% More Shares

Full year 2020 earnings released: kr0.092 loss per share (vs kr0.13 loss in FY 2019)

Scandinavian Enviro Systems AB (publ) to Report Nine Months, 2021 Results on Nov 25, 2021

New 90-day low: kr2.12

Scandinavian Enviro Systems and Michelin Signs Definitive Agreements on Strategic Partnership

Scandinavian Enviro Systems AB (publ) Provides Update on Definitive Strategic Partnership Agreements with Michelin

Scandinavian Enviro Systems Receives Order from Michelin for Engineering Services Worth SEK 4 Million

Here's What Scandinavian Enviro Systems AB (publ)'s (STO:SES) Shareholder Ownership Structure Looks Like

Scandinavian Enviro Systems AB (publ) and Michelin Agrees on Key Principles for Strategic Partnership

Our View On Scandinavian Enviro Systems' (STO:SES) CEO Pay

Third quarter 2020 earnings released: kr0.022 loss per share

New 90-day high: kr2.56

Recovered Carbon Black from Scandinavian Enviro Systems AB (Publ) Is Introduced in A Customer-Specific Rubber Compound from Trelleborg Mixing Forsheda

Director recently bought kr201k worth of stock

New 90-day high - kr1.67

Scandinavian Enviro Systems AB (publ) to Report Q1, 2021 Results on May 20, 2021

Earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Discover healthy companies