Nordnet Balance Sheet Health
Financial Health criteria checks 2/6
Nordnet has a total shareholder equity of SEK7.5B and total debt of SEK60.5B, which brings its debt-to-equity ratio to 806.4%. Its total assets and total liabilities are SEK253.6B and SEK246.1B respectively.
Key information
806.4%
Debt to equity ratio
SEK 60.48b
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 4.83b |
| Equity | SEK 7.50b |
| Total liabilities | SEK 246.12b |
| Total assets | SEK 253.62b |
Recent financial health updates
No updates
Recent updates
Nordnet AB (publ)'s (STO:SAVE) Shares May Have Run Too Fast Too Soon
Oct 01
Do Nordnet's (STO:SAVE) Earnings Warrant Your Attention?
Aug 21Earnings Not Telling The Story For Nordnet AB (publ) (STO:SAVE)
May 24Nordnet's (STO:SAVE) Dividend Will Be Increased To SEK7.20
Apr 24The CEO Of Nordnet AB (publ) (STO:SAVE) Might See A Pay Rise On The Horizon
Apr 23Here's Why Nordnet (STO:SAVE) Has Caught The Eye Of Investors
Apr 19Nordnet (STO:SAVE) Is Increasing Its Dividend To SEK7.20
Mar 23Nordnet's (STO:SAVE) Upcoming Dividend Will Be Larger Than Last Year's
Mar 07Nordnet (STO:SAVE) Is Paying Out A Larger Dividend Than Last Year
Feb 22Financial Position Analysis
Short Term Liabilities: SAVE's short term assets (SEK38.1B) do not cover its short term liabilities (SEK239.0B).
Long Term Liabilities: SAVE's short term assets (SEK38.1B) exceed its long term liabilities (SEK7.1B).
Debt to Equity History and Analysis
Debt Level: SAVE's net debt to equity ratio (742%) is considered high.
Reducing Debt: SAVE's debt to equity ratio has reduced from 1254.9% to 806.4% over the past 5 years.
Debt Coverage: SAVE's debt is not well covered by operating cash flow (1.3%).
Interest Coverage: Insufficient data to determine if SAVE's interest payments on its debt are well covered by EBIT.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/23 11:00 |
| End of Day Share Price | 2024/12/23 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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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
Nordnet AB (publ) is covered by 22 analysts. 9 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 |
|---|---|
| Michael Sanderson | Barclays |
| Alexander Medhurst | Barclays |
| Christoph Greulich | Berenberg |