Hedera Group Balance Sheet Health
Financial Health criteria checks 4/6
Hedera Group has a total shareholder equity of SEK102.5M and total debt of SEK41.3M, which brings its debt-to-equity ratio to 40.3%. Its total assets and total liabilities are SEK222.5M and SEK120.0M respectively. Hedera Group's EBIT is SEK2.6M making its interest coverage ratio 0.7. It has cash and short-term investments of SEK8.6M.
Key information
40.3%
Debt to equity ratio
SEK 41.30m
Debt
| Interest coverage ratio | 0.7x |
| Cash | SEK 8.60m |
| Equity | SEK 102.50m |
| Total liabilities | SEK 120.00m |
| Total assets | SEK 222.50m |
Recent financial health updates
Does Hedera Group (STO:HEGR) Have A Healthy Balance Sheet?
May 09
Is Hedera Group (STO:HEGR) Using Too Much Debt?
Nov 03Hedera 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 05Recent updates
Does Hedera Group (STO:HEGR) Have A Healthy Balance Sheet?
May 09Benign 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 (SEK80.3M) do not cover its short term liabilities (SEK113.3M).
Long Term Liabilities: HEGR's short term assets (SEK80.3M) exceed its long term liabilities (SEK6.7M).
Debt to Equity History and Analysis
Debt Level: HEGR's net debt to equity ratio (31.9%) is considered satisfactory.
Reducing Debt: HEGR's debt to equity ratio has reduced from 74.7% to 40.3% over the past 5 years.
Debt Coverage: HEGR's debt is well covered by operating cash flow (26.4%).
Interest Coverage: HEGR's interest payments on its debt are not well covered by EBIT (0.7x coverage).