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 SEK602.0M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are SEK18.1B and SEK4.3B respectively. Modern Times Group MTG's EBIT is SEK900.0M making its interest coverage ratio -7. It has cash and short-term investments of SEK3.5B.
Key information
4.4%
Debt to equity ratio
SEK 602.00m
Debt
| Interest coverage ratio | -7x |
| Cash | SEK 3.54b |
| Equity | SEK 13.74b |
| Total liabilities | SEK 4.33b |
| Total assets | SEK 18.07b |
Recent financial health updates
These 4 Measures Indicate That Modern Times Group MTG (STO:MTG B) Is Using Debt Safely
Mar 07
Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly
Jan 24Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet
Jul 23Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?
Feb 28Recent updates
These 4 Measures Indicate That Modern Times Group MTG (STO:MTG B) Is Using Debt Safely
Mar 07Why Investors Shouldn't Be Surprised By Modern Times Group MTG AB's (STO:MTG B) 28% Share Price Surge
Feb 14Modern Times Group MTG AB Just Missed Earnings With A Surprise Loss - Here Are Analysts Latest Forecasts
Feb 09Here's Why Modern Times Group MTG (STO:MTG B) Can Manage Its Debt Responsibly
Jan 24Why Modern Times Group MTG AB (publ) (STO:MTG B) Could Be Worth Watching
Jan 06We Think Modern Times Group MTG's (STO:MTG B) Healthy Earnings Might Be Conservative
Nov 03Modern Times Group MTG (STO:MTG B) Has A Pretty Healthy Balance Sheet
Jul 23Is Modern Times Group Mtg (STO:MTG B) A Risky Investment?
Feb 28What Does The Future Hold For Modern Times Group Mtg AB (STO:MTG B)? These Analysts Have Been Cutting Their Estimates
Feb 07An Intrinsic Calculation For Modern Times Group Mtg AB (STO:MTG B) Suggests It's 30% Undervalued
Jan 25Financial Position Analysis
Short Term Liabilities: MTG B's short term assets (SEK4.3B) exceed its short term liabilities (SEK2.9B).
Long Term Liabilities: MTG B's short term assets (SEK4.3B) exceed its long term liabilities (SEK1.4B).
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% to 4.4% over the past 5 years.
Debt Coverage: MTG B's debt is well covered by operating cash flow (222.6%).
Interest Coverage: MTG B earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/03/17 10:53 |
| End of Day Share Price | 2025/03/14 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
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 Github.
Analyst Sources
Modern Times Group MTG AB is covered by 27 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Véronique Cabioc'h Le Brun | AlphaValue |
| Natasha Brilliant | Barclays |