MAG Interactive Balance Sheet Health
Financial Health criteria checks 6/6
MAG Interactive has a total shareholder equity of SEK330.1M and total debt of SEK0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are SEK407.5M and SEK77.4M respectively. MAG Interactive's EBIT is SEK6.6M making its interest coverage ratio -4.6. It has cash and short-term investments of SEK110.4M.
Key information
0%
Debt to equity ratio
kr0
Debt
| Interest coverage ratio | -4.6x |
| Cash | kr110.36m |
| Equity | kr330.11m |
| Total liabilities | kr77.37m |
| Total assets | kr407.48m |
Recent financial health updates
No updates
Recent updates
Positive Sentiment Still Eludes MAG Interactive AB (publ) (STO:MAGI) Following 27% Share Price Slump
Jan 31
Why MAG Interactive's (STO:MAGI) Earnings Are Better Than They Seem
Jan 24One Forecaster Is Now More Bearish On MAG Interactive AB (publ) (STO:MAGI) Than They Used To Be
Jan 23Market Participants Recognise MAG Interactive AB (publ)'s (STO:MAGI) Earnings Pushing Shares 27% Higher
Nov 03The Strong Earnings Posted By MAG Interactive (STO:MAGI) Are A Good Indication Of The Strength Of The Business
Oct 27Investors Could Be Concerned With MAG Interactive's (STO:MAGI) Returns On Capital
Oct 06Estimating The Intrinsic Value Of MAG Interactive AB (publ) (STO:MAGI)
May 19MAG Interactive (STO:MAGI) May Have Issues Allocating Its Capital
Apr 23MAG Interactive AB (publ)'s (STO:MAGI) Intrinsic Value Is Potentially 52% Above Its Share Price
Aug 18Have MAG Interactive AB (publ) (STO:MAGI) Insiders Been Selling Their Stock?
Feb 28Loss-Making MAG Interactive AB (publ) (STO:MAGI) Set To Breakeven
Feb 24Have Insiders Been Buying MAG Interactive AB (publ) (STO:MAGI) Shares?
Feb 04
A Look At The Fair Value Of MAG Interactive AB (publ) (STO:MAGI)
Jan 14What We Learned About MAG Interactive's (STO:MAGI) CEO Compensation
Dec 21We Might See A Profit From MAG Interactive AB (publ) (STO:MAGI) Soon
Nov 24Financial Position Analysis
Short Term Liabilities: MAGI's short term assets (SEK157.7M) exceed its short term liabilities (SEK44.9M).
Long Term Liabilities: MAGI's short term assets (SEK157.7M) exceed its long term liabilities (SEK32.5M).
Debt to Equity History and Analysis
Debt Level: MAGI is debt free.
Reducing Debt: MAGI has no debt compared to 5 years ago when its debt to equity ratio was 7%.
Debt Coverage: MAGI has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: MAGI has no debt, therefore coverage of interest payments is not a concern.