Solid Försäkringsaktiebolag Balance Sheet Health
Financial Health criteria checks 5/6
Solid Försäkringsaktiebolag has a total shareholder equity of SEK482.6M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK1.8B and SEK1.3B respectively. Solid Försäkringsaktiebolag's EBIT is SEK236.3M making its interest coverage ratio 956.9. It has cash and short-term investments of SEK308.6M.
Key information
0%
Debt to equity ratio
SEK 0
Debt
| Interest coverage ratio | 956.9x |
| Cash | SEK 308.58m |
| Equity | SEK 482.60m |
| Total liabilities | SEK 1.33b |
| Total assets | SEK 1.81b |
Recent financial health updates
No updates
Recent updates
Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Apr 16
Solid Försäkringsaktiebolag (STO:SFAB) Will Pay A Larger Dividend Than Last Year At SEK4.50
Mar 22Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Mar 06Solid Försäkringsaktiebolag's (STO:SFAB) Dividend Will Be Increased To SEK4.50
Feb 20Further Upside For Solid Försäkringsaktiebolag (publ) (STO:SFAB) Shares Could Introduce Price Risks After 26% Bounce
Nov 10Financial Position Analysis
Short Term Liabilities: SFAB's short term assets (SEK656.1M) exceed its short term liabilities (SEK619.2M).
Long Term Liabilities: SFAB's short term assets (SEK656.1M) do not cover its long term liabilities (SEK708.7M).
Debt to Equity History and Analysis
Debt Level: SFAB is debt free.
Reducing Debt: SFAB has not had any debt for past 5 years.
Debt Coverage: SFAB has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SFAB has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/26 23:10 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Solid Försäkringsaktiebolag (publ) is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
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