Scandi Standard Balance Sheet Health
Financial Health criteria checks 4/6
Scandi Standard has a total shareholder equity of SEK2.5B and total debt of SEK1.4B, which brings its debt-to-equity ratio to 53.6%. Its total assets and total liabilities are SEK6.9B and SEK4.3B respectively. Scandi Standard's EBIT is SEK466.0M making its interest coverage ratio 3.4. It has cash and short-term investments of SEK4.0M.
Key information
53.6%
Debt to equity ratio
kr1.36b
Debt
| Interest coverage ratio | 3.4x |
| Cash | kr4.00m |
| Equity | kr2.54b |
| Total liabilities | kr4.33b |
| Total assets | kr6.87b |
Recent financial health updates
Scandi Standard (STO:SCST) Takes On Some Risk With Its Use Of Debt
Apr 07
Is Scandi Standard (STO:SCST) Using Too Much Debt?
Jan 04Recent updates
Scandi Standard (STO:SCST) Is Paying Out A Larger Dividend Than Last Year
Mar 24Scandi Standard (STO:SCST) Has Announced That It Will Be Increasing Its Dividend To SEK2.30
Feb 17Scandi Standard AB (publ) (STO:SCST) Just Reported And Analysts Have Been Lifting Their Price Targets
Feb 12Shareholders Will Probably Hold Off On Increasing Scandi Standard AB (publ)'s (STO:SCST) CEO Compensation For The Time Being
May 01Scandi Standard (STO:SCST) Takes On Some Risk With Its Use Of Debt
Apr 07Have Insiders Sold Scandi Standard AB (publ) (STO:SCST) Shares Recently?
Mar 07Here's How We Evaluate Scandi Standard AB (publ)'s (STO:SCST) Dividend
Mar 01Mats Hedlund Just Bought 50% More Shares In Scandi Standard AB (publ) (STO:SCST)
Feb 14Are Scandi Standard's (STO:SCST) Statutory Earnings A Good Reflection Of Its Earnings Potential?
Feb 03Could The Market Be Wrong About Scandi Standard AB (publ) (STO:SCST) Given Its Attractive Financial Prospects?
Jan 19Is Scandi Standard (STO:SCST) Using Too Much Debt?
Jan 04Here's What Scandi Standard AB (publ)'s (STO:SCST) Shareholder Ownership Structure Looks Like
Dec 22
Here's What To Make Of Scandi Standard's (STO:SCST) Returns On Capital
Dec 08Financial Position Analysis
Short Term Liabilities: SCST's short term assets (SEK2.3B) do not cover its short term liabilities (SEK2.4B).
Long Term Liabilities: SCST's short term assets (SEK2.3B) exceed its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: SCST's net debt to equity ratio (53.5%) is considered high.
Reducing Debt: SCST's debt to equity ratio has reduced from 118.1% to 53.6% over the past 5 years.
Debt Coverage: SCST's debt is well covered by operating cash flow (64.4%).
Interest Coverage: SCST's interest payments on its debt are well covered by EBIT (3.4x coverage).