ABAS Protect AB

NGM:ABAS Stock Report

Market Cap: SEK 66.1m

ABAS Protect Balance Sheet Health

Financial Health criteria checks 4/6

ABAS Protect has a total shareholder equity of SEK43.2M and total debt of SEK28.4M, which brings its debt-to-equity ratio to 65.9%. Its total assets and total liabilities are SEK89.6M and SEK46.5M respectively. ABAS Protect's EBIT is SEK4.7M making its interest coverage ratio 13.9. It has cash and short-term investments of SEK425.0K.

Key information

65.9%

Debt to equity ratio

SEK 28.45m

Debt

Interest coverage ratio13.9x
CashSEK 425.00k
EquitySEK 43.19m
Total liabilitiesSEK 46.46m
Total assetsSEK 89.65m

Recent financial health updates

These 4 Measures Indicate That ABAS Protect (NGM:ABAS) Is Using Debt Extensively

Jul 04
These 4 Measures Indicate That ABAS Protect (NGM:ABAS) Is Using Debt Extensively

Recent updates

These 4 Measures Indicate That ABAS Protect (NGM:ABAS) Is Using Debt Extensively

Jul 04
These 4 Measures Indicate That ABAS Protect (NGM:ABAS) Is Using Debt Extensively

Take Care Before Diving Into The Deep End On ABAS Protect AB (NGM:ABAS)

Jan 06
Take Care Before Diving Into The Deep End On ABAS Protect AB (NGM:ABAS)

Financial Position Analysis

Short Term Liabilities: ABAS's short term assets (SEK50.7M) exceed its short term liabilities (SEK17.9M).

Long Term Liabilities: ABAS's short term assets (SEK50.7M) exceed its long term liabilities (SEK28.6M).

Debt to Equity History and Analysis

Debt Level: ABAS's net debt to equity ratio (64.9%) is considered high.

Reducing Debt: ABAS's debt to equity ratio has reduced from 225.2% to 65.9% over the past 5 years.

Debt Coverage: ABAS's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: ABAS's interest payments on its debt are well covered by EBIT (13.9x coverage).

Balance Sheet

Discover healthy companies

7D

1Y

7D

1Y

7D

1Y

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:57
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

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

ABAS Protect AB 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.

AnalystInstitution