ADDvise Group Balance Sheet Health
Financial Health criteria checks 3/6
ADDvise Group has a total shareholder equity of SEK815.8M and total debt of SEK1.7B, which brings its debt-to-equity ratio to 212.8%. Its total assets and total liabilities are SEK3.5B and SEK2.7B respectively. ADDvise Group's EBIT is SEK269.4M making its interest coverage ratio 3.3. It has cash and short-term investments of SEK436.5M.
Key information
212.8%
Debt to equity ratio
SEK 1.74b
Debt
Interest coverage ratio | 3.3x |
Cash | SEK 436.50m |
Equity | SEK 815.80m |
Total liabilities | SEK 2.68b |
Total assets | SEK 3.50b |
Recent financial health updates
Here's Why ADDvise Group (STO:ADDV A) Can Manage Its Debt Responsibly
May 23Is ADDvise Group (STO:ADDV A) A Risky Investment?
Jan 17Does ADDvise Group (STO:ADDV A) Have A Healthy Balance Sheet?
Sep 25Recent updates
Analysts 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 26News Flash: Analysts Just Made A Meaningful Upgrade To Their ADDvise Group AB (publ) (STO:ADDV A) Forecasts
Mar 15Financial Position Analysis
Short Term Liabilities: ADDV A's short term assets (SEK969.3M) exceed its short term liabilities (SEK615.8M).
Long Term Liabilities: ADDV A's short term assets (SEK969.3M) do not cover its long term liabilities (SEK2.1B).
Debt to Equity History and Analysis
Debt Level: ADDV A's net debt to equity ratio (159.3%) is considered high.
Reducing Debt: ADDV A's debt to equity ratio has reduced from 243.5% to 212.8% over the past 5 years.
Debt Coverage: ADDV A's debt is not well covered by operating cash flow (5.6%).
Interest Coverage: ADDV A's interest payments on its debt are well covered by EBIT (3.3x coverage).