Gränges Balance Sheet Health

Financial Health criteria checks 6/6

Gränges has a total shareholder equity of SEK9.4B and total debt of SEK4.0B, which brings its debt-to-equity ratio to 42.5%. Its total assets and total liabilities are SEK18.7B and SEK9.3B respectively. Gränges's EBIT is SEK1.5B making its interest coverage ratio 6.7. It has cash and short-term investments of SEK1.2B.

Key information

42.5%

Debt to equity ratio

SEK 4.00b

Debt

Interest coverage ratio	6.7x
Cash	SEK 1.16b
Equity	SEK 9.42b
Total liabilities	SEK 9.31b
Total assets	SEK 18.73b

Recent financial health updates

Recent updates

Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

Oct 27

Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Sep 26

Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

Aug 23

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

May 26

Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Apr 22

Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Apr 07

Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Mar 21

Is Gränges (STO:GRNG) A Risky Investment?

Feb 19

Gränges' (STO:GRNG) Returns Have Hit A Wall

Nov 09

We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

Oct 14

Financial Position Analysis

Short Term Liabilities: GRNG's short term assets (SEK8.4B) exceed its short term liabilities (SEK5.9B).

Long Term Liabilities: GRNG's short term assets (SEK8.4B) exceed its long term liabilities (SEK3.4B).

Debt to Equity History and Analysis

Debt Level: GRNG's net debt to equity ratio (30.2%) is considered satisfactory.

Reducing Debt: GRNG's debt to equity ratio has reduced from 85.9% to 42.5% over the past 5 years.

Debt Coverage: GRNG's debt is well covered by operating cash flow (53.6%).

Interest Coverage: GRNG's interest payments on its debt are well covered by EBIT (6.7x coverage).

Gränges Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Is Gränges (STO:GRNG) A Risky Investment?

We Think Gränges (STO:GRNG) Can Stay On Top Of Its Debt

Recent updates

Upcoming dividend of kr1.50 per share

Analyst Estimates: Here's What Brokers Think Of Gränges AB (publ) (STO:GRNG) After Its Third-Quarter Report

Third quarter 2024 earnings: EPS and revenues exceed analyst expectations

Gränges AB (publ) to Report Q1, 2025 Results on Apr 25, 2025

Second quarter 2024 earnings: EPS and revenues exceed analyst expectations

Gränges AB (publ) Approves Dividend, Payable on May 16, 2024 and November 15, 2024

Upcoming dividend of kr1.50 per share

Price target increased by 14% to kr147

Price target increased by 8.1% to kr133

First quarter 2024 earnings released: EPS: kr2.23 (vs kr2.39 in 1Q 2023)

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Gränges AB (publ) Announces Board Changes

Consensus revenue estimates fall by 12%

Gränges AB (publ) to Report Fiscal Year 2023 Results on Mar 19, 2024

Full year 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Deputy CEO & CFO exercised options to buy kr2.2m worth of stock.

President & CEO recently bought kr1.1m worth of stock

Investor sentiment improves as stock rises 18%

Gränges AB (Publ) Provides Earnings Guidance for the Fourth Quarter 2023

Third quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Gränges AB (publ) to Report Q3, 2024 Results on Oct 24, 2024

Gränges AB (publ), Annual General Meeting, May 08, 2024

Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023

Gränges AB (publ) Provides Earnings Guidance for the Third Quarter of 2023

New minor risk - Earnings quality

Second quarter 2023 earnings: EPS exceeds analyst expectations while revenues lag behind

Gränges AB (publ) to Report Q1, 2024 Results on Apr 25, 2024

Now 21% undervalued

Price target increased by 8.8% to kr115

Gränges AB (Publ) Announces Dividend Payable on 21 June 2023

Upcoming dividend of kr2.50 per share at 2.5% yield

Now 21% undervalued

Gränges AB (publ) Proposes Dividend, Payable on 21 June 2023

Price target increased by 8.7% to kr104

Investor sentiment improves as stock rises 15%

Full year 2022 earnings: EPS and revenues miss analyst expectations

Consensus EPS estimates fall by 17%

High number of new directors

Gränges AB (Publ) Provides Sales Guidance for the First Quarter 2023

Gränges AB (publ) to Report Q4, 2022 Final Results on Mar 16, 2023

Full year 2022 earnings released: EPS: kr6.59 (vs kr5.60 in FY 2021)

Price target increased to kr95.00

High number of new directors

Consensus forecasts updated

Jörgen Rosengren acquired an unknown minority stake in Gränges AB (publ) for SEK 2.5 million.

Third quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Price target decreased to kr94.00

Does Gränges (STO:GRNG) Have A Healthy Balance Sheet?

Gränges AB (publ) Announces Nomination Committee Appointments

Returns On Capital At Gränges (STO:GRNG) Paint A Concerning Picture

Gränges Recruits William B. Shannon as Senior Vice President, Global Battery Foil Program, Effective 1 September 2022

Second quarter 2022 earnings: Revenues exceed analyst expectations

Gränges AB (publ), Annual General Meeting, Apr 27, 2023

Gränges AB (publ) to Report First Half, 2023 Results on Jul 14, 2023

Gränges Launches its Sustainable Product Brand Gränges Endure

Gränges AB (Publ) Provides Earnings Guidance for the Second Quarter of 2022

Investor sentiment improved over the past week

These 4 Measures Indicate That Gränges (STO:GRNG) Is Using Debt Extensively

Investor sentiment improved over the past week

Independent Director recently bought kr359k worth of stock

Gränges AB (Publ) Approves Dividend, Payable on May 11, 2022

Upcoming dividend of kr2.25 per share

Independent Director recently bought kr890k worth of stock

First quarter 2022 earnings: EPS and revenues exceed analyst expectations

First quarter 2022 earnings: Revenues exceed analyst expectations

Gränges (STO:GRNG) Is Paying Out A Larger Dividend Than Last Year

Gränges' Proposes Dividend for the 2021, Payable on 11 May 2022

Gränges (STO:GRNG) Is Increasing Its Dividend To kr2.25

Deputy CEO & CFO recently bought kr733k worth of stock

Gränges (STO:GRNG) Has Some Way To Go To Become A Multi-Bagger

Investor sentiment deteriorated over the past week