Lovisagruvan Balance Sheet Health
Financial Health criteria checks 1/6
Lovisagruvan has a total shareholder equity of SEK29.9M and total debt of SEK21.6M, which brings its debt-to-equity ratio to 72.2%. Its total assets and total liabilities are SEK89.6M and SEK59.7M respectively.
Key information
72.2%
Debt to equity ratio
SEK 21.60m
Debt
| Interest coverage ratio | n/a |
| Cash | SEK 600.00k |
| Equity | SEK 29.90m |
| Total liabilities | SEK 59.70m |
| Total assets | SEK 89.60m |
Recent financial health updates
No updates
Recent updates
A Look At The Intrinsic Value Of Lovisagruvan AB (publ) (NGM:LOVI)
Aug 18
Does Lovisagruvan (NGM:LOVI) Deserve A Spot On Your Watchlist?
Jun 01Robust Earnings May Not Tell The Whole Story For Lovisagruvan (NGM:LOVI)
Aug 12Are Dividend Investors Making A Mistake With Lovisagruvan AB (publ) (NGM:LOVI)?
Feb 19
Lovisagruvan AB (publ)'s (NGM:LOVI) Dismal Stock Performance Reflects Weak Fundamentals
Dec 28Financial Position Analysis
Short Term Liabilities: LOVI's short term assets (SEK19.7M) exceed its short term liabilities (SEK18.9M).
Long Term Liabilities: LOVI's short term assets (SEK19.7M) do not cover its long term liabilities (SEK40.8M).
Debt to Equity History and Analysis
Debt Level: LOVI's net debt to equity ratio (70.2%) is considered high.
Reducing Debt: LOVI's debt to equity ratio has increased from 14.3% to 72.2% over the past 5 years.
Debt Coverage: LOVI's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: Insufficient data to determine if LOVI's interest payments on its debt are well covered by EBIT.