Enad Global 7 Balance Sheet Health
Financial Health criteria checks 5/6
Enad Global 7 has a total shareholder equity of SEK3.9B and total debt of SEK3.4M, which brings its debt-to-equity ratio to 0.09%. Its total assets and total liabilities are SEK4.9B and SEK972.3M respectively. Enad Global 7's EBIT is SEK241.0M making its interest coverage ratio 10.9. It has cash and short-term investments of SEK478.3M.
Key information
0.09%
Debt to equity ratio
kr3.40m
Debt
Interest coverage ratio | 10.9x |
Cash | kr478.30m |
Equity | kr3.90b |
Total liabilities | kr972.30m |
Total assets | kr4.87b |
Recent financial health updates
Is Enad Global 7 (STO:EG7) Using Too Much Debt?
May 24Is Enad Global 7 (STO:EG7) Using Too Much Debt?
Jan 03Is Enad Global 7 (STO:EG7) Using Too Much Debt?
Nov 27Recent updates
Enad Global 7 AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Feb 16Enad Global 7 AB (publ) (STO:EG7) May Have Run Too Fast Too Soon With Recent 31% Price Plummet
Feb 14There's Reason For Concern Over Enad Global 7 AB (publ)'s (STO:EG7) Price
Nov 10At kr23.00, Is It Time To Put Enad Global 7 AB (publ) (STO:EG7) On Your Watch List?
Sep 23Is Enad Global 7 (STO:EG7) Using Too Much Debt?
May 24Is Enad Global 7 (STO:EG7) Using Too Much Debt?
Jan 03Enad Global 7's (STO:EG7) Robust Earnings Are Not All Good News For Shareholders
Mar 03Is Enad Global 7 (STO:EG7) Using Too Much Debt?
Nov 27Are Investors Undervaluing Enad Global 7 AB (publ) (STO:EG7) By 26%?
May 11If You Had Bought Enad Global 7 (STO:EG7) Shares Three Years Ago You'd Have Earned 772% Returns
Feb 16Do Insiders Own Lots Of Shares In Enad Global 7 AB (publ) (STO:EG7)?
Jan 26How Much Are Enad Global 7 AB (publ) (STO:EG7) Insiders Spending On Buying Shares?
Dec 31Is Enad Global 7 AB (publ) (STO:EG7) Trading At A 39% Discount?
Dec 05Financial Position Analysis
Short Term Liabilities: EG7's short term assets (SEK761.5M) exceed its short term liabilities (SEK561.6M).
Long Term Liabilities: EG7's short term assets (SEK761.5M) exceed its long term liabilities (SEK410.7M).
Debt to Equity History and Analysis
Debt Level: EG7 has more cash than its total debt.
Reducing Debt: EG7's debt to equity ratio has increased from 0% to 0.09% over the past 5 years.
Debt Coverage: EG7's debt is well covered by operating cash flow (12876.5%).
Interest Coverage: EG7's interest payments on its debt are well covered by EBIT (10.9x coverage).