New Wave Group Balance Sheet Health
Financial Health criteria checks 6/6
New Wave Group has a total shareholder equity of SEK6.8B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 36.5%. Its total assets and total liabilities are SEK10.8B and SEK4.0B respectively. New Wave Group's EBIT is SEK1.5B making its interest coverage ratio 10.7. It has cash and short-term investments of SEK475.9M.
Key information
36.5%
Debt to equity ratio
kr2.49b
Debt
| Interest coverage ratio | 10.7x |
| Cash | kr475.90m |
| Equity | kr6.83b |
| Total liabilities | kr3.97b |
| Total assets | kr10.80b |
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 25New Wave Group (STO:NEWA B) Could Easily Take On More Debt
Nov 22Recent updates
The 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 03New Wave Group (STO:NEWA B) Shareholders Will Want The ROCE Trajectory To Continue
Feb 10I Ran A Stock Scan For Earnings Growth And New Wave Group (STO:NEWA B) Passed With Ease
Jan 07A Look At The Intrinsic Value Of New Wave Group AB (publ) (STO:NEWA B)
Dec 27New Wave Group (STO:NEWA B) Could Easily Take On More Debt
Nov 22There's Been No Shortage Of Growth Recently For New Wave Group's (STO:NEWA B) Returns On Capital
Oct 29Is There Now An Opportunity In New Wave Group AB (publ) (STO:NEWA B)?
Oct 18Financial Position Analysis
Short Term Liabilities: NEWA B's short term assets (SEK7.3B) exceed its short term liabilities (SEK1.5B).
Long Term Liabilities: NEWA B's short term assets (SEK7.3B) exceed its long term liabilities (SEK2.5B).
Debt to Equity History and Analysis
Debt Level: NEWA B's net debt to equity ratio (29.5%) is considered satisfactory.
Reducing Debt: NEWA B's debt to equity ratio has reduced from 63.3% to 36.5% over the past 5 years.
Debt Coverage: NEWA B's debt is well covered by operating cash flow (54.7%).
Interest Coverage: NEWA B's interest payments on its debt are well covered by EBIT (10.7x coverage).