Clemondo Group Balance Sheet Health
Financial Health criteria checks 6/6
Clemondo Group has a total shareholder equity of SEK113.4M and total debt of SEK2.4M, which brings its debt-to-equity ratio to 2.1%. Its total assets and total liabilities are SEK182.1M and SEK68.7M respectively. Clemondo Group's EBIT is SEK11.5M making its interest coverage ratio -6.9. It has cash and short-term investments of SEK1.1M.
Key information
2.1%
Debt to equity ratio
SEK 2.38m
Debt
| Interest coverage ratio | -6.9x |
| Cash | SEK 1.13m |
| Equity | SEK 113.37m |
| Total liabilities | SEK 68.68m |
| Total assets | SEK 182.05m |
Recent financial health updates
Recent updates
Market Still Lacking Some Conviction On Clemondo Group AB (publ) (STO:CLEM)
Nov 14
Clemondo Group (STO:CLEM) Might Have The Makings Of A Multi-Bagger
Apr 04We Like These Underlying Return On Capital Trends At Clemondo Group (STO:CLEM)
Nov 03Returns Are Gaining Momentum At Clemondo Group (STO:CLEM)
Jul 25Clemondo Group (STO:CLEM) Shareholders Will Want The ROCE Trajectory To Continue
Apr 19Clemondo Group (STO:CLEM) Shareholders Will Want The ROCE Trajectory To Continue
Jan 05Clemondo Group (STO:CLEM) Has A Somewhat Strained Balance Sheet
Sep 07Returns At Clemondo Group (STO:CLEM) Are On The Way Up
Jul 30Clemondo Group's (STO:CLEM) Returns On Capital Are Heading Higher
Feb 23Investors Don't See Light At End Of Clemondo Group AB (publ)'s (STO:CLEM) Tunnel
Aug 19Under The Bonnet, Clemondo Group's (STO:CLEM) Returns Look Impressive
Jul 28Should You Be Adding Clemondo Group (STO:CLEM) To Your Watchlist Today?
Jun 10Declining Stock and Solid Fundamentals: Is The Market Wrong About Clemondo Group AB (publ) (STO:CLEM)?
Feb 02
Does Clemondo Group's (STO:CLEM) Statutory Profit Adequately Reflect Its Underlying Profit?
Dec 11Financial Position Analysis
Short Term Liabilities: CLEM's short term assets (SEK84.2M) exceed its short term liabilities (SEK62.6M).
Long Term Liabilities: CLEM's short term assets (SEK84.2M) exceed its long term liabilities (SEK6.1M).
Debt to Equity History and Analysis
Debt Level: CLEM's net debt to equity ratio (1.1%) is considered satisfactory.
Reducing Debt: CLEM's debt to equity ratio has reduced from 121.3% to 2.1% over the past 5 years.
Debt Coverage: CLEM's debt is well covered by operating cash flow (1204%).
Interest Coverage: CLEM earns more interest than it pays, so coverage of interest payments is not a concern.