JM Balance Sheet Health
Financial Health criteria checks 3/6
JM has a total shareholder equity of SEK8.1B and total debt of SEK15.3B, which brings its debt-to-equity ratio to 189%. Its total assets and total liabilities are SEK29.9B and SEK21.8B respectively. JM's EBIT is SEK939.0M making its interest coverage ratio 9.8. It has cash and short-term investments of SEK673.0M.
Key information
189.0%
Debt to equity ratio
kr15.30b
Debt
Interest coverage ratio | 9.8x |
Cash | kr673.00m |
Equity | kr8.10b |
Total liabilities | kr21.80b |
Total assets | kr29.90b |
Recent financial health updates
Is JM (STO:JM) Using Too Much Debt?
Apr 13Is JM (STO:JM) Using Too Much Debt?
Nov 22We Think JM (STO:JM) Can Stay On Top Of Its Debt
Jul 09Does JM (STO:JM) Have A Healthy Balance Sheet?
Apr 10Recent updates
Is JM (STO:JM) Using Too Much Debt?
Apr 13Why JM AB (publ) (STO:JM) Could Be Worth Watching
Mar 14JM (STO:JM) Has Announced That It Will Be Increasing Its Dividend To SEK14.00
Feb 04Calculating The Intrinsic Value Of JM AB (publ) (STO:JM)
Dec 28Is JM (STO:JM) Using Too Much Debt?
Nov 22Is JM AB (publ) (STO:JM) Trading At A 25% Discount?
Sep 23Should You Think About Buying JM AB (publ) (STO:JM) Now?
Aug 21We Think JM (STO:JM) Can Stay On Top Of Its Debt
Jul 09Why JM AB (publ) (STO:JM) Could Be Worth Watching
May 05Does JM (STO:JM) Have A Healthy Balance Sheet?
Apr 10JM (STO:JM) Is Increasing Its Dividend To kr13.50
Mar 29JM's (STO:JM) Upcoming Dividend Will Be Larger Than Last Year's
Mar 05JM (STO:JM) Is Paying Out A Larger Dividend Than Last Year
Feb 19JM (STO:JM) Is Increasing Its Dividend To kr13.50
Feb 05Investors Could Be Concerned With JM's (STO:JM) Returns On Capital
Jan 30JM AB (publ) (STO:JM) Shares Could Be 24% Below Their Intrinsic Value Estimate
Jan 18At kr419, Is JM AB (publ) (STO:JM) Worth Looking At Closely?
Jan 06Financial Position Analysis
Short Term Liabilities: JM's short term assets (SEK29.4B) exceed its short term liabilities (SEK18.4B).
Long Term Liabilities: JM's short term assets (SEK29.4B) exceed its long term liabilities (SEK3.4B).
Debt to Equity History and Analysis
Debt Level: JM's net debt to equity ratio (180.6%) is considered high.
Reducing Debt: JM's debt to equity ratio has increased from 67.9% to 189% over the past 5 years.
Debt Coverage: JM's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: JM's interest payments on its debt are well covered by EBIT (9.8x coverage).