Enad Global 7 Balance Sheet Health
Financial Health criteria checks 6/6
Enad Global 7 has a total shareholder equity of SEK4.1B and total debt of SEK3.2M, which brings its debt-to-equity ratio to 0.08%. Its total assets and total liabilities are SEK5.0B and SEK892.2M respectively. Enad Global 7's EBIT is SEK142.4M making its interest coverage ratio 6.7. It has cash and short-term investments of SEK466.8M.
Key information
0.08%
Debt to equity ratio
kr3.20m
Debt
Interest coverage ratio | 6.7x |
Cash | kr466.80m |
Equity | kr4.13b |
Total liabilities | kr892.20m |
Total assets | kr5.03b |
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
We Think You Should Be Aware Of Some Concerning Factors In Enad Global 7's (STO:EG7) Earnings
May 22Enad 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 (SEK698.2M) exceed its short term liabilities (SEK460.8M).
Long Term Liabilities: EG7's short term assets (SEK698.2M) exceed its long term liabilities (SEK431.4M).
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 reduced from 59.7% to 0.08% over the past 5 years.
Debt Coverage: EG7's debt is well covered by operating cash flow (7906.3%).
Interest Coverage: EG7's interest payments on its debt are well covered by EBIT (6.7x coverage).