Concordia Maritime Balance Sheet Health
Financial Health criteria checks 6/6
Concordia Maritime has a total shareholder equity of SEK450.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK494.2M and SEK44.1M respectively. Concordia Maritime's EBIT is SEK36.9M making its interest coverage ratio 1. It has cash and short-term investments of SEK241.7M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 1x |
| Cash | SEK 241.70m |
| Equity | SEK 450.10m |
| Total liabilities | SEK 44.10m |
| Total assets | SEK 494.20m |
Recent financial health updates
Is Concordia Maritime (STO:CCOR B) Using Debt In A Risky Way?
Sep 17
Is Concordia Maritime (STO:CCOR B) Using Too Much Debt?
May 10Concordia Maritime (STO:CCOR B) Has Debt But No Earnings; Should You Worry?
Jun 12Recent updates
There's No Escaping Concordia Maritime AB (publ)'s (STO:CCOR B) Muted Revenues Despite A 55% Share Price Rise
Dec 13Investors Will Want Concordia Maritime's (STO:CCOR B) Growth In ROCE To Persist
Aug 08Concordia Maritime's (STO:CCOR B) Solid Earnings May Rest On Weak Foundations
Apr 22Investors Will Want Concordia Maritime's (STO:CCOR B) Growth In ROCE To Persist
Nov 14Is Concordia Maritime (STO:CCOR B) Using Debt In A Risky Way?
Sep 17Is Concordia Maritime (STO:CCOR B) Using Too Much Debt?
May 10Concordia Maritime (STO:CCOR B) Has Debt But No Earnings; Should You Worry?
Jun 12One Analyst's Earnings Estimates For Concordia Maritime AB (publ) (STO:CCOR B) Are Surging Higher
May 04Breakeven On The Horizon For Concordia Maritime AB (publ) (STO:CCOR B)
Apr 19Capital Allocation Trends At Concordia Maritime (STO:CCOR B) Aren't Ideal
Mar 23A Look At Concordia Maritime's (STO:CCOR B) Share Price Returns
Feb 25One Concordia Maritime AB (publ) (STO:CCOR B) Analyst Just Cut Their EPS Forecasts
Jan 30
When Will Concordia Maritime AB (publ) (STO:CCOR B) Turn A Profit?
Jan 07Should We Be Excited About The Trends Of Returns At Concordia Maritime (STO:CCOR B)?
Dec 04Financial Position Analysis
Short Term Liabilities: CCOR B's short term assets (SEK278.8M) exceed its short term liabilities (SEK44.1M).
Long Term Liabilities: CCOR B has no long term liabilities.
Debt to Equity History and Analysis
Debt Level: CCOR B is debt free.
Reducing Debt: CCOR B has no debt compared to 5 years ago when its debt to equity ratio was 119.8%.
Debt Coverage: CCOR B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: CCOR B has no debt, therefore coverage of interest payments is not a concern.