Scandic Hotels Group Balance Sheet Health
Financial Health criteria checks 1/6
Scandic Hotels Group has a total shareholder equity of SEK1.8B and total debt of SEK2.1B, which brings its debt-to-equity ratio to 116.1%. Its total assets and total liabilities are SEK56.1B and SEK54.2B respectively. Scandic Hotels Group's EBIT is SEK2.7B making its interest coverage ratio 1.4. It has cash and short-term investments of SEK534.0M.
Key information
116.1%
Debt to equity ratio
kr2.12b
Debt
| Interest coverage ratio | 1.4x |
| Cash | kr534.00m |
| Equity | kr1.83b |
| Total liabilities | kr54.22b |
| Total assets | kr56.05b |
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 (SEK2.6B) do not cover its short term liabilities (SEK8.9B).
Long Term Liabilities: SHOT's short term assets (SEK2.6B) do not cover its long term liabilities (SEK45.3B).
Debt to Equity History and Analysis
Debt Level: SHOT's net debt to equity ratio (86.9%) is considered high.
Reducing Debt: SHOT's debt to equity ratio has increased from 66.6% to 116.1% over the past 5 years.
Debt Coverage: SHOT's debt is well covered by operating cash flow (295.8%).
Interest Coverage: SHOT's interest payments on its debt are not well covered by EBIT (1.4x coverage).