Premium Snacks Nordic Balance Sheet Health
Financial Health criteria checks 1/6
Premium Snacks Nordic has a total shareholder equity of SEK59.1M and total debt of SEK55.3M, which brings its debt-to-equity ratio to 93.6%. Its total assets and total liabilities are SEK161.6M and SEK102.5M respectively. Premium Snacks Nordic's EBIT is SEK4.9M making its interest coverage ratio 1.6. It has cash and short-term investments of SEK440.0K.
Key information
93.6%
Debt to equity ratio
kr55.29m
Debt
| Interest coverage ratio | 1.6x |
| Cash | kr440.00k |
| Equity | kr59.07m |
| Total liabilities | kr102.51m |
| Total assets | kr161.58m |
Recent financial health updates
Premium Snacks Nordic (STO:SNX) Is Making Moderate Use Of Debt
Nov 11
Would Premium Snacks Nordic (STO:SNX) Be Better Off With Less Debt?
Jul 31Is Premium Snacks Nordic (STO:SNX) A Risky Investment?
Dec 21Does Premium Snacks Nordic (STO:SNX) Have A Healthy Balance Sheet?
Aug 26Does Premium Snacks Nordic (STO:SNX) Have A Healthy Balance Sheet?
Feb 24These 4 Measures Indicate That Premium Snacks Nordic (NGM:SNX) Is Using Debt Reasonably Well
Nov 08Recent updates
Premium Snacks Nordic (STO:SNX) Is Making Moderate Use Of Debt
Nov 11Would Premium Snacks Nordic (STO:SNX) Be Better Off With Less Debt?
Jul 31Is Premium Snacks Nordic (STO:SNX) A Risky Investment?
Dec 21Does Premium Snacks Nordic (STO:SNX) Have A Healthy Balance Sheet?
Aug 26Does Premium Snacks Nordic (STO:SNX) Have A Healthy Balance Sheet?
Feb 24These 4 Measures Indicate That Premium Snacks Nordic (NGM:SNX) Is Using Debt Reasonably Well
Nov 08The Return Trends At Premium Snacks Nordic (NGM:SNX) Look Promising
Aug 31Here's Why Premium Snacks Nordic (NGM:SNX) Has A Meaningful Debt Burden
Jul 18If You Like EPS Growth Then Check Out Premium Snacks Nordic (NGM:SNX) Before It's Too Late
May 07Does Premium Snacks Nordic (NGM:SNX) Have A Healthy Balance Sheet?
Apr 13The Return Trends At Premium Snacks Nordic (NGM:SNX) Look Promising
Mar 23Director Björn Krasse Just Bought 2.1% More Shares In Premium Snacks Nordic AB (NGM:SNX)
Mar 03Premium Snacks Nordic AB (NGM:SNX) Stocks Shoot Up 31% But Its P/E Still Looks Reasonable
Mar 02Do Fundamentals Have Any Role To Play In Driving Premium Snacks Nordic AB's (NGM:SNX) Stock Up Recently?
Feb 16
Premium Snacks Nordic (NGM:SNX) Has A Somewhat Strained Balance Sheet
Jan 11What Do The Returns At Premium Snacks Nordic (NGM:SNX) Mean Going Forward?
Nov 19Financial Position Analysis
Short Term Liabilities: SNX's short term assets (SEK69.7M) do not cover its short term liabilities (SEK84.5M).
Long Term Liabilities: SNX's short term assets (SEK69.7M) exceed its long term liabilities (SEK18.0M).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (92.9%) is considered high.
Reducing Debt: SNX's debt to equity ratio has increased from 52% to 93.6% over the past 5 years.
Debt Coverage: SNX's debt is not well covered by operating cash flow (17.5%).
Interest Coverage: SNX's interest payments on its debt are not well covered by EBIT (1.6x coverage).