ADDvise Group Balance Sheet Health
Financial Health criteria checks 2/6
ADDvise Group has a total shareholder equity of SEK782.0M and total debt of SEK1.7B, which brings its debt-to-equity ratio to 218.4%. Its total assets and total liabilities are SEK3.4B and SEK2.6B respectively. ADDvise Group's EBIT is SEK255.1M making its interest coverage ratio 3. It has cash and short-term investments of SEK400.6M.
Key information
218.4%
Debt to equity ratio
SEK 1.71b
Debt
| Interest coverage ratio | 3x |
| Cash | SEK 400.60m |
| Equity | SEK 782.00m |
| Total liabilities | SEK 2.59b |
| Total assets | SEK 3.37b |
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 25Recent updates
ADDvise Group AB (publ) Just Missed Revenue By 5.6%: Here's What Analysts Think Will Happen Next
Oct 27ADDvise Group AB (publ)'s (STO:ADDV A) 26% Dip In Price Shows Sentiment Is Matching Earnings
Oct 02Analysts Have Lowered Expectations For ADDvise Group AB (publ) (STO:ADDV A) After Its Latest Results
Jul 21ADDvise Group AB (publ) (STO:ADDV A) Shares Could Be 45% Below Their Intrinsic Value Estimate
Jun 27ADDvise 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 26Financial Position Analysis
Short Term Liabilities: ADDV A's short term assets (SEK921.9M) exceed its short term liabilities (SEK566.4M).
Long Term Liabilities: ADDV A's short term assets (SEK921.9M) do not cover its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: ADDV A's net debt to equity ratio (167.2%) is considered high.
Reducing Debt: ADDV A's debt to equity ratio has reduced from 229.3% to 218.4% over the past 5 years.
Debt Coverage: ADDV A's debt is not well covered by operating cash flow (3.8%).
Interest Coverage: ADDV A's interest payments on its debt are not well covered by EBIT (3x coverage).