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 ratio10.9x
Cashkr478.30m
Equitykr3.90b
Total liabilitieskr972.30m
Total assetskr4.87b

Recent financial health updates

Recent updates

Enad Global 7 AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Feb 16
Enad Global 7 AB (publ) Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now

Enad Global 7 AB (publ) (STO:EG7) May Have Run Too Fast Too Soon With Recent 31% Price Plummet

Feb 14
Enad Global 7 AB (publ) (STO:EG7) May Have Run Too Fast Too Soon With Recent 31% Price Plummet

There's Reason For Concern Over Enad Global 7 AB (publ)'s (STO:EG7) Price

Nov 10
There's Reason For Concern Over Enad Global 7 AB (publ)'s (STO:EG7) Price

At kr23.00, Is It Time To Put Enad Global 7 AB (publ) (STO:EG7) On Your Watch List?

Sep 23
At kr23.00, Is It Time To Put Enad Global 7 AB (publ) (STO:EG7) On Your Watch List?

Is Enad Global 7 (STO:EG7) Using Too Much Debt?

May 24
Is Enad Global 7 (STO:EG7) Using Too Much Debt?

Is Enad Global 7 (STO:EG7) Using Too Much Debt?

Jan 03
Is Enad Global 7 (STO:EG7) Using Too Much Debt?

Enad Global 7's (STO:EG7) Robust Earnings Are Not All Good News For Shareholders

Mar 03
Enad Global 7's (STO:EG7) Robust Earnings Are Not All Good News For Shareholders

Is Enad Global 7 (STO:EG7) Using Too Much Debt?

Nov 27
Is Enad Global 7 (STO:EG7) Using Too Much Debt?

Are Investors Undervaluing Enad Global 7 AB (publ) (STO:EG7) By 26%?

May 11
Are Investors Undervaluing Enad Global 7 AB (publ) (STO:EG7) By 26%?

If You Had Bought Enad Global 7 (STO:EG7) Shares Three Years Ago You'd Have Earned 772% Returns

Feb 16
If You Had Bought Enad Global 7 (STO:EG7) Shares Three Years Ago You'd Have Earned 772% Returns

Do Insiders Own Lots Of Shares In Enad Global 7 AB (publ) (STO:EG7)?

Jan 26
Do Insiders Own Lots Of Shares In Enad Global 7 AB (publ) (STO:EG7)?

How Much Are Enad Global 7 AB (publ) (STO:EG7) Insiders Spending On Buying Shares?

Dec 31
How Much Are Enad Global 7 AB (publ) (STO:EG7) Insiders Spending On Buying Shares?

Is Enad Global 7 AB (publ) (STO:EG7) Trading At A 39% Discount?

Dec 05
Is Enad Global 7 AB (publ) (STO:EG7) Trading At A 39% Discount?

Financial 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).


Balance Sheet


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