Drillcon AB (publ)

OM:DRIL Stock Report

Market Cap: SEK 202.0m

Drillcon Balance Sheet Health

Financial Health criteria checks 5/6

Drillcon has a total shareholder equity of SEK162.4M and total debt of SEK82.1M, which brings its debt-to-equity ratio to 50.6%. Its total assets and total liabilities are SEK350.3M and SEK188.0M respectively. Drillcon's EBIT is SEK27.9M making its interest coverage ratio 8.2. It has cash and short-term investments of SEK42.1M.

Key information

50.6%

Debt to equity ratio

SEK 82.10m

Debt

Interest coverage ratio8.2x
CashSEK 42.07m
EquitySEK 162.37m
Total liabilitiesSEK 187.97m
Total assetsSEK 350.34m

Recent financial health updates

Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly

Aug 08
Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly

Is Drillcon (STO:DRIL) Using Too Much Debt?

Dec 13
Is Drillcon (STO:DRIL) Using Too Much Debt?

Is Drillcon (STO:DRIL) Using Too Much Debt?

Aug 01
Is Drillcon (STO:DRIL) Using Too Much Debt?

We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt

Jan 14
We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt

Here's Why Drillcon (STO:DRIL) Can Afford Some Debt

Sep 20
Here's Why Drillcon (STO:DRIL) Can Afford Some Debt

Is Drillcon (STO:DRIL) Using Too Much Debt?

Feb 15
Is Drillcon (STO:DRIL) Using Too Much Debt?

Recent updates

Market Still Lacking Some Conviction On Drillcon AB (publ) (STO:DRIL)

Nov 02
Market Still Lacking Some Conviction On Drillcon AB (publ) (STO:DRIL)

Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly

Aug 08
Drillcon (STO:DRIL) Seems To Use Debt Rather Sparingly

Is Drillcon (STO:DRIL) Using Too Much Debt?

Dec 13
Is Drillcon (STO:DRIL) Using Too Much Debt?

Is Drillcon (STO:DRIL) Using Too Much Debt?

Aug 01
Is Drillcon (STO:DRIL) Using Too Much Debt?

Drillcon (STO:DRIL) Is Finding It Tricky To Allocate Its Capital

Jul 04
Drillcon (STO:DRIL) Is Finding It Tricky To Allocate Its Capital

We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt

Jan 14
We Think Drillcon (STO:DRIL) Has A Fair Chunk Of Debt

Here's Why Drillcon (STO:DRIL) Can Afford Some Debt

Sep 20
Here's Why Drillcon (STO:DRIL) Can Afford Some Debt

Drillcon (STO:DRIL) Will Want To Turn Around Its Return Trends

Dec 29
Drillcon (STO:DRIL) Will Want To Turn Around Its Return Trends

Drillcon (STO:DRIL) Could Be Struggling To Allocate Capital

Aug 16
Drillcon (STO:DRIL) Could Be Struggling To Allocate Capital

A Look At The Fair Value Of Drillcon AB (publ) (STO:DRIL)

May 29
A Look At The Fair Value Of Drillcon AB (publ) (STO:DRIL)

We Like These Underlying Return On Capital Trends At Drillcon (STO:DRIL)

May 05
We Like These Underlying Return On Capital Trends At Drillcon (STO:DRIL)

Is Drillcon AB (publ)'s (STO:DRIL) Latest Stock Performance A Reflection Of Its Financial Health?

Mar 14
Is Drillcon AB (publ)'s (STO:DRIL) Latest Stock Performance A Reflection Of Its Financial Health?

Is Drillcon (STO:DRIL) Using Too Much Debt?

Feb 15
Is Drillcon (STO:DRIL) Using Too Much Debt?

Returns On Capital - An Important Metric For Drillcon (STO:DRIL)

Jan 20
Returns On Capital - An Important Metric For Drillcon (STO:DRIL)

Is Weakness In Drillcon AB (publ) (STO:DRIL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Dec 13
Is Weakness In Drillcon AB (publ) (STO:DRIL) Stock A Sign That The Market Could be Wrong Given Its Strong Financial Prospects?

Financial Position Analysis

Short Term Liabilities: DRIL's short term assets (SEK202.6M) exceed its short term liabilities (SEK120.5M).

Long Term Liabilities: DRIL's short term assets (SEK202.6M) exceed its long term liabilities (SEK67.5M).

Debt to Equity History and Analysis

Debt Level: DRIL's net debt to equity ratio (24.7%) is considered satisfactory.

Reducing Debt: DRIL's debt to equity ratio has increased from 28.6% to 50.6% over the past 5 years.

Debt Coverage: DRIL's debt is well covered by operating cash flow (84.5%).

Interest Coverage: DRIL's interest payments on its debt are well covered by EBIT (8.2x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 03:25
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

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.

AnalystInstitution
Susanna HelgesenABG Sundal Collier Sponsored