Cedergrenska Balance Sheet Health
Financial Health criteria checks 5/6
Cedergrenska has a total shareholder equity of SEK132.8M and total debt of SEK33.8M, which brings its debt-to-equity ratio to 25.5%. Its total assets and total liabilities are SEK307.3M and SEK174.4M respectively. Cedergrenska's EBIT is SEK25.1M making its interest coverage ratio 8.1. It has cash and short-term investments of SEK41.6M.
Key information
25.5%
Debt to equity ratio
SEK 33.82m
Debt
| Interest coverage ratio | 8.1x |
| Cash | SEK 41.65m |
| Equity | SEK 132.84m |
| Total liabilities | SEK 174.44m |
| Total assets | SEK 307.27m |
Recent financial health updates
These 4 Measures Indicate That Cedergrenska (STO:CEDER) Is Using Debt Safely
Nov 06
Would Cedergrenska (STO:CEDER) Be Better Off With Less Debt?
Feb 24Recent updates
These 4 Measures Indicate That Cedergrenska (STO:CEDER) Is Using Debt Safely
Nov 06Cedergrenska AB (publ)'s (STO:CEDER) Subdued P/S Might Signal An Opportunity
Aug 29Cedergrenska AB (publ)'s (STO:CEDER) Shares Leap 26% Yet They're Still Not Telling The Full Story
May 23Would Cedergrenska (STO:CEDER) Be Better Off With Less Debt?
Feb 24Cedergrenska AB (publ)'s (STO:CEDER) Shares Leap 28% Yet They're Still Not Telling The Full Story
Feb 24We Like The Quality Of Cedergrenska's (STO:CEDER) Earnings
Sep 06Financial Position Analysis
Short Term Liabilities: CEDER's short term assets (SEK114.2M) do not cover its short term liabilities (SEK152.2M).
Long Term Liabilities: CEDER's short term assets (SEK114.2M) exceed its long term liabilities (SEK22.2M).
Debt to Equity History and Analysis
Debt Level: CEDER has more cash than its total debt.
Reducing Debt: CEDER's debt to equity ratio has reduced from 154.2% to 25.5% over the past 5 years.
Debt Coverage: CEDER's debt is well covered by operating cash flow (223.4%).
Interest Coverage: CEDER's interest payments on its debt are well covered by EBIT (8.1x coverage).