Cloetta Balance Sheet Health
Financial Health criteria checks 5/6
Cloetta has a total shareholder equity of SEK5.4B and total debt of SEK2.5B, which brings its debt-to-equity ratio to 46.8%. Its total assets and total liabilities are SEK11.2B and SEK5.7B respectively. Cloetta's EBIT is SEK805.0M making its interest coverage ratio 4. It has cash and short-term investments of SEK735.0M.
Key information
46.8%
Debt to equity ratio
kr2.54b
Debt
| Interest coverage ratio | 4x |
| Cash | kr735.00m |
| Equity | kr5.41b |
| Total liabilities | kr5.75b |
| Total assets | kr11.16b |
Recent financial health updates
Is Cloetta (STO:CLA B) Using Too Much Debt?
Mar 30
Here's Why Cloetta (STO:CLA B) Has A Meaningful Debt Burden
Dec 28
Recent updates
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 31Is Cloetta AB (publ) (STO:CLA B) A Good Fit For Your Dividend Portfolio?
Jan 28Are Cloetta's (STO:CLA B) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Jan 17How Many Cloetta AB (publ) (STO:CLA B) Shares Did Insiders Buy, In The Last Year?
Jan 07Here's Why Cloetta (STO:CLA B) Has A Meaningful Debt Burden
Dec 28Would Shareholders Who Purchased Cloetta's (STO:CLA B) Stock Year Be Happy With The Share price Today?
Dec 19Is Now The Time To Look At Buying Cloetta AB (publ) (STO:CLA B)?
Dec 08Is There An Opportunity With Cloetta AB (publ)'s (STO:CLA B) 48% Undervaluation?
Nov 19Financial 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 (SEK3.8B).
Debt to Equity History and Analysis
Debt Level: CLA B's net debt to equity ratio (33.3%) is considered satisfactory.
Reducing Debt: CLA B's debt to equity ratio has reduced from 70% to 46.8% over the past 5 years.
Debt Coverage: CLA B's debt is well covered by operating cash flow (35.6%).
Interest Coverage: CLA B's interest payments on its debt are well covered by EBIT (4x coverage).