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 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 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 30When 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.
Balance Sheet
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Company Analysis and Financial Data Status
Data | Last Updated (UTC time) |
---|---|
Company Analysis | 2024/02/07 13:23 |
End of Day Share Price | 2024/02/07 00:00 |
Earnings | 2023/09/30 |
Annual Earnings | 2022/12/31 |
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 * |
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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
Concordia Maritime AB (publ) is covered by 7 analysts. 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 |
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Lukas Daul | ABG Sundal Collier Sponsored |
Joakim AHLBERG | CA Cheuvreux |
Glenn Lodden | DNB Markets |