Modern Times Group MTG AB

OM:MTG B Stock Report

Market Cap: SEK 11.2b

Modern Times Group MTG Balance Sheet Health

Financial Health criteria checks 5/6

Modern Times Group MTG has a total shareholder equity of SEK13.7B and total debt of SEK493.0M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are SEK17.3B and SEK3.6B respectively. Modern Times Group MTG's EBIT is SEK976.0M making its interest coverage ratio 11.9. It has cash and short-term investments of SEK3.2B.

Key information

3.6%

Debt to equity ratio

SEK 493.00m

Debt

Interest coverage ratio11.9x
CashSEK 3.20b
EquitySEK 13.72b
Total liabilitiesSEK 3.62b
Total assetsSEK 17.34b

Recent financial health updates

Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Jan 24
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Jul 23
Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

Feb 28
Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Recent updates

Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Jan 24
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly

Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching

Jan 06
Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching

We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative

Nov 03
We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative

Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Jul 23
Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet

Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

Feb 28
Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?

What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates

Feb 07
What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates

An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued

Jan 25
An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued

Is Modern Times Group Mtg AB (STO:MTG B) Trading At A 41% Discount?

Oct 15
Is Modern Times Group Mtg AB (STO:MTG B) Trading At A 41% Discount?

Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr111?

Sep 18
Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr111?

These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Aug 19
These 4 Measures Indicate That Modern Times Group Mtg (STO:MTG B) Is Using Debt Reasonably Well

Estimating The Intrinsic Value Of Modern Times Group Mtg AB (STO:MTG B)

Jun 24
Estimating The Intrinsic Value Of Modern Times Group Mtg AB (STO:MTG B)

Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr115?

May 06
Should You Investigate Modern Times Group Mtg AB (STO:MTG B) At kr115?

Financial Position Analysis

Short Term Liabilities: MTG B's short term assets (SEK3.9B) exceed its short term liabilities (SEK2.4B).

Long Term Liabilities: MTG B's short term assets (SEK3.9B) exceed its long term liabilities (SEK1.3B).

Debt to Equity History and Analysis

Debt Level: MTG B has more cash than its total debt.

Reducing Debt: MTG B's debt to equity ratio has increased from 0.03% to 3.6% over the past 5 years.

Debt Coverage: MTG B's debt is well covered by operating cash flow (264.9%).

Interest Coverage: MTG B's interest payments on its debt are well covered by EBIT (11.9x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/23 02:12
End of Day Share Price 2024/12/23 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Modern Times Group MTG AB is covered by 27 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Véronique Cabioc'h Le BrunAlphaValue
JULIEN ROCHBarclays
Natasha BrilliantBarclays