Premium Snacks Nordic Balance Sheet Health
Financial Health criteria checks 3/6
Premium Snacks Nordic has a total shareholder equity of SEK64.3M and total debt of SEK49.0M, which brings its debt-to-equity ratio to 76.2%. Its total assets and total liabilities are SEK167.2M and SEK102.9M respectively. Premium Snacks Nordic's EBIT is SEK14.9M making its interest coverage ratio 5.1. It has cash and short-term investments of SEK871.0K.
Key information
76.2%
Debt to equity ratio
SEK 48.96m
Debt
| Interest coverage ratio | 5.1x |
| Cash | SEK 871.00k |
| Equity | SEK 64.29m |
| Total liabilities | SEK 102.92m |
| Total assets | SEK 167.21m |
Recent financial health updates
Premium Snacks Nordic (STO:SNX) Seems To Use Debt Quite Sensibly
May 09
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 24Recent updates
The 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 (SEK79.0M) do not cover its short term liabilities (SEK89.0M).
Long Term Liabilities: SNX's short term assets (SEK79.0M) exceed its long term liabilities (SEK13.9M).
Debt to Equity History and Analysis
Debt Level: SNX's net debt to equity ratio (74.8%) is considered high.
Reducing Debt: SNX's debt to equity ratio has increased from 72.3% to 76.2% over the past 5 years.
Debt Coverage: SNX's debt is well covered by operating cash flow (30.8%).
Interest Coverage: SNX's interest payments on its debt are well covered by EBIT (5.1x coverage).