Swedencare Balance Sheet Health
Financial Health criteria checks 3/6
Swedencare has a total shareholder equity of SEK7.3B and total debt of SEK1.3B, which brings its debt-to-equity ratio to 18%. Its total assets and total liabilities are SEK9.6B and SEK2.3B respectively. Swedencare's EBIT is SEK234.5M making its interest coverage ratio 2.8. It has cash and short-term investments of SEK193.1M.
Key information
18.0%
Debt to equity ratio
SEK 1.32b
Debt
| Interest coverage ratio | 2.8x |
| Cash | SEK 193.10m |
| Equity | SEK 7.33b |
| Total liabilities | SEK 2.25b |
| Total assets | SEK 9.59b |
Recent financial health updates
Swedencare (STO:SECARE) Seems To Use Debt Quite Sensibly
Dec 20
Swedencare (STO:SECARE) Has A Pretty Healthy Balance Sheet
Jul 03Swedencare (STO:SECARE) Has A Rock Solid Balance Sheet
Oct 24Recent updates
Does Swedencare (STO:SECARE) Deserve A Spot On Your Watchlist?
Apr 29Swedencare (STO:SECARE) Seems To Use Debt Quite Sensibly
Dec 20Here's Why We Think Swedencare (STO:SECARE) Might Deserve Your Attention Today
Nov 20With EPS Growth And More, Swedencare (STO:SECARE) Makes An Interesting Case
Aug 21Swedencare (STO:SECARE) Has A Pretty Healthy Balance Sheet
Jul 03Should You Be Adding Swedencare (STO:SECARE) To Your Watchlist Today?
Apr 06Analysts Just Published A Bright New Outlook For Swedencare AB (publ)'s (STO:SECARE)
Feb 16Do Swedencare's (STO:SECARE) Earnings Warrant Your Attention?
Dec 28A Look At The Fair Value Of Swedencare AB (publ) (STO:SECARE)
Dec 06Swedencare (STO:SECARE) Has A Rock Solid Balance Sheet
Oct 24Financial Position Analysis
Short Term Liabilities: SECARE's short term assets (SEK1.0B) exceed its short term liabilities (SEK329.5M).
Long Term Liabilities: SECARE's short term assets (SEK1.0B) do not cover its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: SECARE's net debt to equity ratio (15.3%) is considered satisfactory.
Reducing Debt: SECARE's debt to equity ratio has increased from 0% to 18% over the past 5 years.
Debt Coverage: SECARE's debt is well covered by operating cash flow (30.7%).
Interest Coverage: SECARE's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 20:25 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
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 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
Swedencare AB (publ) is covered by 4 analysts. 2 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 |
|---|---|
| Johan Brown | ABG Sundal Collier Sponsored |
| Martin Comtesse | Jefferies LLC |
| Adrian Elmlund | Nordea Markets |