Biotage Balance Sheet Health
Financial Health criteria checks 6/6
Biotage has a total shareholder equity of SEK3.9B and total debt of SEK150.0M, which brings its debt-to-equity ratio to 3.9%. Its total assets and total liabilities are SEK5.1B and SEK1.3B respectively. Biotage's EBIT is SEK347.0M making its interest coverage ratio 11.2. It has cash and short-term investments of SEK683.0M.
Key information
3.9%
Debt to equity ratio
kr150.00m
Debt
Interest coverage ratio | 11.2x |
Cash | kr683.00m |
Equity | kr3.89b |
Total liabilities | kr1.26b |
Total assets | kr5.15b |
Recent financial health updates
Biotage (STO:BIOT) Has A Pretty Healthy Balance Sheet
Feb 08Does Biotage (STO:BIOT) Have A Healthy Balance Sheet?
Jul 12These 4 Measures Indicate That Biotage (STO:BIOT) Is Using Debt Safely
Mar 12Biotage (STO:BIOT) Seems To Use Debt Rather Sparingly
Dec 03Biotage (STO:BIOT) Could Easily Take On More Debt
Sep 03Does Biotage (STO:BIOT) Have A Healthy Balance Sheet?
Mar 14Recent updates
Revenue Beat: Biotage AB (publ) Exceeded Revenue Forecasts By 5.3% And Analysts Are Updating Their Estimates
Apr 28Biotage's (STO:BIOT) Dividend Will Be SEK1.60
Apr 17Biotage AB (publ) Just Beat EPS By 53%: Here's What Analysts Think Will Happen Next
Apr 08Biotage (STO:BIOT) Has Announced A Dividend Of SEK1.60
Apr 03Biotage (STO:BIOT) Has Announced A Dividend Of SEK1.60
Mar 04Weak Statutory Earnings May Not Tell The Whole Story For Biotage (STO:BIOT)
Feb 22Subdued Growth No Barrier To Biotage AB (publ) (STO:BIOT) With Shares Advancing 32%
Feb 21Biotage AB (publ) Just Recorded A 53% EPS Beat: Here's What Analysts Are Forecasting Next
Feb 18Biotage (STO:BIOT) Has A Pretty Healthy Balance Sheet
Feb 08Investors Still Waiting For A Pull Back In Biotage AB (publ) (STO:BIOT)
Jan 07At kr124, Is It Time To Put Biotage AB (publ) (STO:BIOT) On Your Watch List?
Dec 08Estimating The Intrinsic Value Of Biotage AB (publ) (STO:BIOT)
Oct 27Does Biotage (STO:BIOT) Have A Healthy Balance Sheet?
Jul 12An Intrinsic Calculation For Biotage AB (publ) (STO:BIOT) Suggests It's 26% Undervalued
Jun 08Biotage (STO:BIOT) Ticks All The Boxes When It Comes To Earnings Growth
May 24Biotage's (STO:BIOT) Upcoming Dividend Will Be Larger Than Last Year's
Apr 05These 4 Measures Indicate That Biotage (STO:BIOT) Is Using Debt Safely
Mar 12Is It Too Late To Consider Buying Biotage AB (publ) (STO:BIOT)?
Feb 21Are Biotage AB (publ) (STO:BIOT) Investors Paying Above The Intrinsic Value?
Jan 06Biotage (STO:BIOT) Seems To Use Debt Rather Sparingly
Dec 03Is Now The Time To Look At Buying Biotage AB (publ) (STO:BIOT)?
Oct 27Estimating The Fair Value Of Biotage AB (publ) (STO:BIOT)
Oct 07Biotage (STO:BIOT) Could Easily Take On More Debt
Sep 03Is There Now An Opportunity In Biotage AB (publ) (STO:BIOT)?
Jul 10A Look At The Fair Value Of Biotage AB (publ) (STO:BIOT)
Jun 25Do Biotage's (STO:BIOT) Earnings Warrant Your Attention?
May 28Biotage's (STO:BIOT) Upcoming Dividend Will Be Larger Than Last Year's
Apr 23Biotage (STO:BIOT) Is Paying Out A Larger Dividend Than Last Year
Mar 29Does Biotage (STO:BIOT) Have A Healthy Balance Sheet?
Mar 14Is It Time To Consider Buying Biotage AB (publ) (STO:BIOT)?
Feb 28Biotage's (STO:BIOT) Upcoming Dividend Will Be Larger Than Last Year's
Feb 13A Look At The Fair Value Of Biotage AB (publ) (STO:BIOT)
Jan 23Is Biotage (STO:BIOT) A Risky Investment?
Dec 10Is Now The Time To Put Biotage (STO:BIOT) On Your Watchlist?
Nov 03Biotage (STO:BIOT) Has A Rock Solid Balance Sheet
Aug 17Is Now The Time To Put Biotage (STO:BIOT) On Your Watchlist?
Jul 24Financial Position Analysis
Short Term Liabilities: BIOT's short term assets (SEK1.5B) exceed its short term liabilities (SEK691.0M).
Long Term Liabilities: BIOT's short term assets (SEK1.5B) exceed its long term liabilities (SEK567.0M).
Debt to Equity History and Analysis
Debt Level: BIOT has more cash than its total debt.
Reducing Debt: BIOT's debt to equity ratio has reduced from 13.2% to 3.9% over the past 5 years.
Debt Coverage: BIOT's debt is well covered by operating cash flow (254%).
Interest Coverage: BIOT's interest payments on its debt are well covered by EBIT (11.2x coverage).