Premium Snacks Nordic Balance Sheet Health
Financial Health criteria checks 4/6
Premium Snacks Nordic has a total shareholder equity of SEK68.5M and total debt of SEK38.6M, which brings its debt-to-equity ratio to 56.4%. Its total assets and total liabilities are SEK167.4M and SEK99.0M respectively. Premium Snacks Nordic's EBIT is SEK14.5M making its interest coverage ratio 5.6. It has cash and short-term investments of SEK1.9M.
Key information
56.4%
Debt to equity ratio
SEK 38.58m
Debt
| Interest coverage ratio | 5.6x |
| Cash | SEK 1.85m |
| Equity | SEK 68.47m |
| Total liabilities | SEK 98.98m |
| Total assets | SEK 167.45m |
Recent financial health updates
Premium Snacks Nordic (STO:SNX) Has A Pretty Healthy Balance Sheet
Jan 10
Premium Snacks Nordic (STO:SNX) Seems To Use Debt Quite Sensibly
May 09Premium 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 26Recent updates
Premium Snacks Nordic (STO:SNX) Has A Pretty Healthy Balance Sheet
Jan 10The Market Lifts Premium Snacks Nordic AB (publ) (STO:SNX) Shares 27% But It Can Do More
Oct 05Premium Snacks Nordic AB (publ) (STO:SNX) Could Be Riskier Than It Looks
Aug 08Premium Snacks Nordic (STO:SNX) Seems To Use Debt Quite Sensibly
May 09Premium 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 (SEK81.3M) do not cover its short term liabilities (SEK86.4M).
Long Term Liabilities: SNX's short term assets (SEK81.3M) exceed its long term liabilities (SEK12.5M).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (53.6%) is considered high.
Reducing Debt: SNX's debt to equity ratio has reduced from 67.9% to 56.4% over the past 5 years.
Debt Coverage: SNX's debt is well covered by operating cash flow (56.1%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.6x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/06 14:01 |
| End of Day Share Price | 2025/02/06 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 * |
|---|---|---|---|
| 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.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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 Github.
Analyst Sources
Premium Snacks Nordic AB (publ) is covered by 1 analysts. 0 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 |
|---|---|
| Johan Löchen | Penser Access |