Hedera Group Balance Sheet Health
Financial Health criteria checks 5/6
Hedera Group has a total shareholder equity of SEK106.4M and total debt of SEK22.1M, which brings its debt-to-equity ratio to 20.7%. Its total assets and total liabilities are SEK261.3M and SEK154.9M respectively. Hedera Group's EBIT is SEK16.0M making its interest coverage ratio 4.6. It has cash and short-term investments of SEK15.1M.
Key information
20.7%
Debt to equity ratio
kr22.05m
Debt
| Interest coverage ratio | 4.6x |
| Cash | kr15.06m |
| Equity | kr106.41m |
| Total liabilities | kr154.91m |
| Total assets | kr261.32m |
Recent financial health updates
Is Hedera Group (STO:HEGR) Using Too Much Debt?
Nov 03
Hedera Group (STO:HEGR) Has A Pretty Healthy Balance Sheet
Mar 07Is Hedera Group (STO:HEGR) Using Too Much Debt?
Nov 05Does Hedera Group (STO:HEGR) Have A Healthy Balance Sheet?
Jul 19Here's Why Hedera Group (STO:HEGR) Can Afford Some Debt
Apr 05Hedera Group (STO:HEGR) Has Debt But No Earnings; Should You Worry?
Dec 21Recent updates
Benign Growth For Hedera Group AB (publ) (STO:HEGR) Underpins Stock's 26% Plummet
Feb 29Should You Be Adding Hedera Group (STO:HEGR) To Your Watchlist Today?
Feb 16Here's Why We Think Hedera Group (STO:HEGR) Is Well Worth Watching
Nov 08Do Hedera Group's (STO:HEGR) Earnings Warrant Your Attention?
Feb 17Hedera Group's (STO:HEGR) Earnings Are Of Questionable Quality
Nov 21Is Hedera Group (STO:HEGR) Using Too Much Debt?
Nov 03Hedera Group (STO:HEGR) Has A Pretty Healthy Balance Sheet
Mar 07Calculating The Intrinsic Value Of Hedera Group AB (publ) (STO:HEGR)
Dec 18Is Hedera Group (STO:HEGR) Using Too Much Debt?
Nov 05Does Hedera Group (STO:HEGR) Have A Healthy Balance Sheet?
Jul 19Here's Why Hedera Group (STO:HEGR) Can Afford Some Debt
Apr 05Hedera Group (STO:HEGR) Has Debt But No Earnings; Should You Worry?
Dec 21Financial Position Analysis
Short Term Liabilities: HEGR's short term assets (SEK116.5M) do not cover its short term liabilities (SEK145.9M).
Long Term Liabilities: HEGR's short term assets (SEK116.5M) exceed its long term liabilities (SEK9.0M).
Debt to Equity History and Analysis
Debt Level: HEGR's net debt to equity ratio (6.6%) is considered satisfactory.
Reducing Debt: HEGR's debt to equity ratio has reduced from 64.4% to 20.7% over the past 5 years.
Debt Coverage: HEGR's debt is well covered by operating cash flow (58%).
Interest Coverage: HEGR's interest payments on its debt are well covered by EBIT (4.6x coverage).