Drillcon Balance Sheet Health
Financial Health criteria checks 4/6
Drillcon has a total shareholder equity of SEK164.3M and total debt of SEK98.4M, which brings its debt-to-equity ratio to 59.9%. Its total assets and total liabilities are SEK379.1M and SEK214.8M respectively. Drillcon's EBIT is SEK13.4M making its interest coverage ratio 1.4. It has cash and short-term investments of SEK33.1M.
Key information
59.89%
Debt to equity ratio
SEK 98.41m
Debt
| Interest coverage ratio | 1.4x |
| Cash | SEK 33.11m |
| Equity | SEK 164.31m |
| Total liabilities | SEK 214.83m |
| Total assets | SEK 379.14m |
Recent financial health updates
Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly
Aug 08
Is Drillcon (STO:DRIL) Using Too Much Debt?
Dec 13Is Drillcon (STO:DRIL) Using Too Much Debt?
Aug 01We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt
Jan 14Here's Why Drillcon (STO:DRIL) Can Afford Some Debt
Sep 20Is Drillcon (STO:DRIL) Using Too Much Debt?
Feb 15Recent updates
Calculating The Fair Value Of Drillcon AB (publ) (STO:DRIL)
Jan 30Drillcon AB (publ)'s (STO:DRIL) Prospects Need A Boost To Lift Shares
Apr 30Returns On Capital Signal Tricky Times Ahead For Drillcon (STO:DRIL)
Feb 11Market Still Lacking Some Conviction On Drillcon AB (publ) (STO:DRIL)
Nov 02Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly
Aug 08Is Drillcon (STO:DRIL) Using Too Much Debt?
Dec 13Is Drillcon (STO:DRIL) Using Too Much Debt?
Aug 01Drillcon (STO:DRIL) Is Finding It Tricky To Allocate Its Capital
Jul 04We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt
Jan 14Here's Why Drillcon (STO:DRIL) Can Afford Some Debt
Sep 20Drillcon (STO:DRIL) Will Want To Turn Around Its Return Trends
Dec 29Drillcon (STO:DRIL) Could Be Struggling To Allocate Capital
Aug 16A Look At The Fair Value Of Drillcon AB (publ) (STO:DRIL)
May 29We Like These Underlying Return On Capital Trends At Drillcon (STO:DRIL)
May 05Is Drillcon AB (publ)'s (STO:DRIL) Latest Stock Performance A Reflection Of Its Financial Health?
Mar 14Is Drillcon (STO:DRIL) Using Too Much Debt?
Feb 15Returns On Capital - An Important Metric For Drillcon (STO:DRIL)
Jan 20Is Weakness In Drillcon AB (publ) (STO:DRIL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?
Dec 13Financial Position Analysis
Short Term Liabilities: DRIL's short term assets (SEK207.6M) exceed its short term liabilities (SEK138.4M).
Long Term Liabilities: DRIL's short term assets (SEK207.6M) exceed its long term liabilities (SEK76.4M).
Debt to Equity History and Analysis
Debt Level: DRIL's net debt to equity ratio (39.7%) is considered satisfactory.
Reducing Debt: DRIL's debt to equity ratio has increased from 18.5% to 59.9% over the past 5 years.
Debt Coverage: DRIL's debt is well covered by operating cash flow (31.4%).
Interest Coverage: DRIL's interest payments on its debt are not well covered by EBIT (1.4x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/02/03 19:33 |
| End of Day Share Price | 2026/02/03 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
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.
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 Github.
Analyst Sources
Drillcon AB (publ) is covered by 1 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 |
|---|---|
| Susanna Helgesen | ABG Sundal Collier Sponsored |