New Wave Group Balance Sheet Health
Financial Health criteria checks 6/6
New Wave Group has a total shareholder equity of SEK6.6B and total debt of SEK2.4B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are SEK10.9B and SEK4.3B respectively. New Wave Group's EBIT is SEK1.4B making its interest coverage ratio 10.3. It has cash and short-term investments of SEK474.7M.
Key information
36.5%
Debt to equity ratio
SEK 2.40b
Debt
| Interest coverage ratio | 10.3x |
| Cash | SEK 474.70m |
| Equity | SEK 6.59b |
| Total liabilities | SEK 4.27b |
| Total assets | SEK 10.86b |
Recent financial health updates
We Think New Wave Group (STO:NEWA B) Can Stay On Top Of Its Debt
Dec 25
Does New Wave Group (STO:NEWA B) Have A Healthy Balance Sheet?
Feb 15New Wave Group (STO:NEWA B) Has A Rock Solid Balance Sheet
Sep 18These 4 Measures Indicate That New Wave Group (STO:NEWA B) Is Using Debt Safely
Apr 25Recent updates
New Wave Group AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Nov 10New Wave Group (STO:NEWA B) Will Pay A Dividend Of SEK1.75
Nov 01What Does New Wave Group AB (publ)'s (STO:NEWA B) Share Price Indicate?
Oct 04New Wave Group (STO:NEWA B) Shareholders Will Want The ROCE Trajectory To Continue
Sep 19New Wave Group's (STO:NEWA B) Dividend Will Be SEK1.75
Aug 23New Wave Group AB (publ) Beat Revenue Forecasts By 6.1%: Here's What Analysts Are Forecasting Next
Aug 18New Wave Group (STO:NEWA B) Is Due To Pay A Dividend Of SEK1.75
Jul 11New Wave Group's (STO:NEWA B) Dividend Will Be SEK1.75
Jun 15The Return Trends At New Wave Group (STO:NEWA B) Look Promising
Apr 05Is Now The Time To Look At Buying New Wave Group AB (publ) (STO:NEWA B)?
Mar 21New Wave Group AB (publ) (STO:NEWA B) Surges 29% Yet Its Low P/E Is No Reason For Excitement
Feb 21Is There An Opportunity With New Wave Group AB (publ)'s (STO:NEWA B) 28% Undervaluation?
Jan 20New Wave Group AB (publ)'s (STO:NEWA B) Share Price Is Matching Sentiment Around Its Earnings
Jan 06We Think New Wave Group (STO:NEWA B) Can Stay On Top Of Its Debt
Dec 25Is There Now An Opportunity In New Wave Group AB (publ) (STO:NEWA B)?
Dec 12Here's Why New Wave Group (STO:NEWA B) Has Caught The Eye Of Investors
Sep 01An Intrinsic Calculation For New Wave Group AB (publ) (STO:NEWA B) Suggests It's 41% Undervalued
Jul 03New Wave Group (STO:NEWA B) Is Doing The Right Things To Multiply Its Share Price
Jun 21Here's Why We Think New Wave Group (STO:NEWA B) Might Deserve Your Attention Today
May 30Is There Now An Opportunity In New Wave Group AB (publ) (STO:NEWA B)?
May 19New Wave Group (STO:NEWA B) Is Doing The Right Things To Multiply Its Share Price
Mar 14Does New Wave Group (STO:NEWA B) Have A Healthy Balance Sheet?
Feb 15Are Investors Undervaluing New Wave Group AB (publ) (STO:NEWA B) By 22%?
Feb 02What Is New Wave Group AB (publ)'s (STO:NEWA B) Share Price Doing?
Jan 17Does New Wave Group (STO:NEWA B) Deserve A Spot On Your Watchlist?
Dec 21New Wave Group (STO:NEWA B) Might Have The Makings Of A Multi-Bagger
Dec 09Why New Wave Group AB (publ) (STO:NEWA B) Could Be Worth Watching
Oct 18New Wave Group (STO:NEWA B) Has A Rock Solid Balance Sheet
Sep 18Returns Are Gaining Momentum At New Wave Group (STO:NEWA B)
Jul 09Why New Wave Group AB (publ) (STO:NEWA B) Could Be Worth Watching
Jun 03Here's Why I Think New Wave Group (STO:NEWA B) Is An Interesting Stock
May 08These 4 Measures Indicate That New Wave Group (STO:NEWA B) Is Using Debt Safely
Apr 25Are Investors Undervaluing New Wave Group AB (publ) (STO:NEWA B) By 49%?
Apr 03Financial Position Analysis
Short Term Liabilities: NEWA B's short term assets (SEK7.4B) exceed its short term liabilities (SEK1.9B).
Long Term Liabilities: NEWA B's short term assets (SEK7.4B) exceed its long term liabilities (SEK2.4B).
Debt to Equity History and Analysis
Debt Level: NEWA B's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: NEWA B's debt to equity ratio has reduced from 70.7% to 36.5% over the past 5 years.
Debt Coverage: NEWA B's debt is well covered by operating cash flow (61.9%).
Interest Coverage: NEWA B's interest payments on its debt are well covered by EBIT (10.3x coverage).