Profoto Holding Balance Sheet Health
Financial Health criteria checks 3/6
Profoto Holding has a total shareholder equity of SEK300.0M and total debt of SEK220.0M, which brings its debt-to-equity ratio to 73.3%. Its total assets and total liabilities are SEK821.0M and SEK521.0M respectively. Profoto Holding's EBIT is SEK142.0M making its interest coverage ratio 28.4. It has cash and short-term investments of SEK64.0M.
Key information
73.3%
Debt to equity ratio
SEK 220.00m
Debt
Interest coverage ratio | 28.4x |
Cash | SEK 64.00m |
Equity | SEK 300.00m |
Total liabilities | SEK 521.00m |
Total assets | SEK 821.00m |
Recent financial health updates
Recent updates
Profoto Holding's (STO:PRFO) Problems Go Beyond Weak Profit
May 21Profoto Holding (STO:PRFO) Is Paying Out Less In Dividends Than Last Year
May 09Profoto Holding (STO:PRFO) Is Paying Out Less In Dividends Than Last Year
Apr 25Profoto Holding (STO:PRFO) Has Announced That Its Dividend Will Be Reduced To SEK3.75
Apr 10Profoto Holding's (STO:PRFO) Shareholders Will Receive A Smaller Dividend Than Last Year
Feb 11Profoto Holding (STO:PRFO) Has A Rock Solid Balance Sheet
Jan 24Slowing Rates Of Return At Profoto Holding (STO:PRFO) Leave Little Room For Excitement
Dec 19Profoto Holding (STO:PRFO) Has Announced That It Will Be Increasing Its Dividend To SEK4.00
May 07Investors Appear Satisfied With Profoto Holding AB (publ)'s (STO:PRFO) Prospects As Shares Rocket 31%
Nov 17Shareholders Can Be Confident That Profoto Holding's (STO:PRFO) Earnings Are High Quality
Nov 02Financial Position Analysis
Short Term Liabilities: PRFO's short term assets (SEK346.0M) do not cover its short term liabilities (SEK370.0M).
Long Term Liabilities: PRFO's short term assets (SEK346.0M) exceed its long term liabilities (SEK151.0M).
Debt to Equity History and Analysis
Debt Level: PRFO's net debt to equity ratio (52%) is considered high.
Reducing Debt: PRFO's debt to equity ratio has increased from 46.6% to 73.3% over the past 5 years.
Debt Coverage: PRFO's debt is well covered by operating cash flow (63.2%).
Interest Coverage: PRFO's interest payments on its debt are well covered by EBIT (28.4x coverage).