Cloetta Balance Sheet Health
Financial Health criteria checks 5/6
Cloetta has a total shareholder equity of SEK5.2B and total debt of SEK2.4B, which brings its debt-to-equity ratio to 45.5%. Its total assets and total liabilities are SEK10.9B and SEK5.7B respectively. Cloetta's EBIT is SEK843.0M making its interest coverage ratio 3.9. It has cash and short-term investments of SEK668.0M.
Key information
45.5%
Debt to equity ratio
SEK 2.36b
Debt
| Interest coverage ratio | 3.9x |
| Cash | SEK 668.00m |
| Equity | SEK 5.19b |
| Total liabilities | SEK 5.70b |
| Total assets | SEK 10.89b |
Recent financial health updates
Recent updates
We Think Cloetta's (STO:CLA B) Robust Earnings Are Conservative
Jul 20
Cloetta (STO:CLA B) Is Due To Pay A Dividend Of SEK1.00
Apr 05Cloetta (STO:CLA B) Is Due To Pay A Dividend Of SEK1.00
Mar 19Cloetta (STO:CLA B) Is Due To Pay A Dividend Of SEK1.00
Mar 02Cloetta (STO:CLA B) Has Announced A Dividend Of SEK1.00
Feb 01Cloetta (STO:CLA B) Has Announced A Dividend Of SEK1.00
Feb 17Cloetta (STO:CLA B) Is Paying Out A Dividend Of SEK1.00
Jan 30Cloetta's (STO:CLA B) Upcoming Dividend Will Be Larger Than Last Year's
Mar 29Cloetta's (STO:CLA B) Shareholders Will Receive A Bigger Dividend Than Last Year
Mar 13Cloetta's (STO:CLA B) Dividend Will Be Increased To kr1.00
Feb 27Cloetta (STO:CLA B) Will Pay A Larger Dividend Than Last Year At kr1.00
Feb 13Cloetta (STO:CLA B) Is Increasing Its Dividend To kr1.00
Jan 30Cloetta AB (publ)'s (STO:CLA B) Intrinsic Value Is Potentially 97% Above Its Share Price
Jul 17Investors Met With Slowing Returns on Capital At Cloetta (STO:CLA B)
May 24Cloetta AB (publ) (STO:CLA B) Is Yielding 2.8% - But Is It A Buy?
Apr 29Is Cloetta (STO:CLA B) Using Too Much Debt?
Mar 30What Does Cloetta AB (publ)'s (STO:CLA B) Share Price Indicate?
Mar 17What Kind Of Shareholders Hold The Majority In Cloetta AB (publ)'s (STO:CLA B) Shares?
Mar 06Here's What To Make Of Cloetta's (STO:CLA B) Returns On Capital
Feb 22Does Cloetta AB (publ)'s (STO:CLA B) Weak Fundamentals Mean That The Stock Could Move In The Opposite Direction?
Feb 10Cloetta AB (publ) Just Missed Earnings - But Analysts Have Updated Their Models
Jan 31Financial Position Analysis
Short Term Liabilities: CLA B's short term assets (SEK3.4B) exceed its short term liabilities (SEK2.0B).
Long Term Liabilities: CLA B's short term assets (SEK3.4B) do not cover its long term liabilities (SEK3.7B).
Debt to Equity History and Analysis
Debt Level: CLA B's net debt to equity ratio (32.6%) is considered satisfactory.
Reducing Debt: CLA B's debt to equity ratio has reduced from 66.1% to 45.5% over the past 5 years.
Debt Coverage: CLA B's debt is well covered by operating cash flow (39.6%).
Interest Coverage: CLA B's interest payments on its debt are well covered by EBIT (3.9x coverage).