ADDvise Group Balance Sheet Health
Financial Health criteria checks 3/6
ADDvise Group has a total shareholder equity of SEK834.3M and total debt of SEK1.5B, which brings its debt-to-equity ratio to 183.3%. Its total assets and total liabilities are SEK3.4B and SEK2.6B respectively. ADDvise Group's EBIT is SEK303.8M making its interest coverage ratio 3.8. It has cash and short-term investments of SEK328.6M.
Key information
183.3%
Debt to equity ratio
kr1.53b
Debt
| Interest coverage ratio | 3.8x |
| Cash | kr328.60m |
| Equity | kr834.30m |
| Total liabilities | kr2.57b |
| Total assets | kr3.41b |
Recent financial health updates
Here's Why ADDvise Group (STO:ADDV A) Can Manage Its Debt Responsibly
May 23
Is ADDvise Group (STO:ADDV A) A Risky Investment?
Jan 17Does ADDvise Group (STO:ADDV A) Have A Healthy Balance Sheet?
Sep 25Is ADDvise Group (STO:ADDV A) A Risky Investment?
Jan 24Recent updates
ADDvise Group AB (publ)'s (STO:ADDV A) 28% Cheaper Price Remains In Tune With Earnings
Feb 23With EPS Growth And More, ADDvise Group (STO:ADDV A) Makes An Interesting Case
Nov 06Here's Why ADDvise Group (STO:ADDV A) Has Caught The Eye Of Investors
Jun 10Here's Why ADDvise Group (STO:ADDV A) Can Manage Its Debt Responsibly
May 23Is ADDvise Group AB (publ) (STO:ADDV A) Trading At A 43% Discount?
May 05Is ADDvise Group (STO:ADDV A) A Risky Investment?
Jan 17Need To Know: Analysts Are Much More Bullish On ADDvise Group AB (publ) (STO:ADDV A) Revenues
Nov 08ADDvise Group (STO:ADDV A) Ticks All The Boxes When It Comes To Earnings Growth
Oct 21Does ADDvise Group (STO:ADDV A) Have A Healthy Balance Sheet?
Sep 25ADDvise Group AB (publ) Just Beat EPS By 69%: Here's What Analysts Think Will Happen Next
Jul 26News Flash: Analysts Just Made A Meaningful Upgrade To Their ADDvise Group AB (publ) (STO:ADDV A) Forecasts
Mar 15Is ADDvise Group (STO:ADDV A) A Risky Investment?
Jan 24Financial Position Analysis
Short Term Liabilities: ADDV A's short term assets (SEK827.2M) exceed its short term liabilities (SEK631.7M).
Long Term Liabilities: ADDV A's short term assets (SEK827.2M) do not cover its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: ADDV A's net debt to equity ratio (143.9%) is considered high.
Reducing Debt: ADDV A's debt to equity ratio has reduced from 250.2% to 183.3% over the past 5 years.
Debt Coverage: ADDV A's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: ADDV A's interest payments on its debt are well covered by EBIT (3.8x coverage).