Scandic Hotels Group Balance Sheet Health
Financial Health criteria checks 3/6
Scandic Hotels Group has a total shareholder equity of SEK3.7B and total debt of SEK972.0M, which brings its debt-to-equity ratio to 26%. Its total assets and total liabilities are SEK56.4B and SEK52.7B respectively. Scandic Hotels Group's EBIT is SEK2.7B making its interest coverage ratio 1.4. It has cash and short-term investments of SEK1.6B.
Key information
26.0%
Debt to equity ratio
SEK 972.00m
Debt
| Interest coverage ratio | 1.4x |
| Cash | SEK 1.57b |
| Equity | SEK 3.73b |
| Total liabilities | SEK 52.69b |
| Total assets | SEK 56.42b |
Recent financial health updates
Here's Why Scandic Hotels Group (STO:SHOT) Has A Meaningful Debt Burden
Jun 09
Is Scandic Hotels Group (STO:SHOT) A Risky Investment?
Feb 17Scandic Hotels Group (STO:SHOT) Has A Somewhat Strained Balance Sheet
Oct 12Is Scandic Hotels Group (STO:SHOT) Using Too Much Debt?
Jun 30Recent updates
Scandic Hotels Group's (STO:SHOT) Returns Have Hit A Wall
Aug 25Here's Why Scandic Hotels Group (STO:SHOT) Has A Meaningful Debt Burden
Jun 09Is Scandic Hotels Group (STO:SHOT) A Risky Investment?
Feb 17Investors Could Be Concerned With Scandic Hotels Group's (STO:SHOT) Returns On Capital
Jan 15Scandic Hotels Group's (STO:SHOT) Robust Earnings Are Supported By Other Strong Factors
Nov 04Scandic Hotels Group (STO:SHOT) Has A Somewhat Strained Balance Sheet
Oct 12Scandic Hotels Group (STO:SHOT) May Have Issues Allocating Its Capital
Jul 21Is Scandic Hotels Group (STO:SHOT) Using Too Much Debt?
Jun 30Financial Position Analysis
Short Term Liabilities: SHOT's short term assets (SEK4.9B) do not cover its short term liabilities (SEK8.7B).
Long Term Liabilities: SHOT's short term assets (SEK4.9B) do not cover its long term liabilities (SEK44.0B).
Debt to Equity History and Analysis
Debt Level: SHOT has more cash than its total debt.
Reducing Debt: SHOT's debt to equity ratio has reduced from 60.6% to 26% over the past 5 years.
Debt Coverage: SHOT's debt is well covered by operating cash flow (635.3%).
Interest Coverage: SHOT's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/31 19:21 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Scandic Hotels Group AB (publ) is covered by 13 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Andreas Lundberg | ABG Sundal Collier |
| Stuart Gordon | Berenberg |
| Iona Dent | Deutsche Bank |