Swedencare Balance Sheet Health
Financial Health criteria checks 3/6
Swedencare has a total shareholder equity of SEK7.7B and total debt of SEK1.4B, which brings its debt-to-equity ratio to 18.3%. Its total assets and total liabilities are SEK10.1B and SEK2.4B respectively. Swedencare's EBIT is SEK214.7M making its interest coverage ratio 2.4. It has cash and short-term investments of SEK224.3M.
Key information
18.3%
Debt to equity ratio
kr1.42b
Debt
| Interest coverage ratio | 2.4x |
| Cash | kr224.30m |
| Equity | kr7.75b |
| Total liabilities | kr2.38b |
| Total assets | kr10.12b |
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 24Swedencare (STO:SECARE) Has A Rock Solid Balance Sheet
Jun 29Recent 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 24With EPS Growth And More, Swedencare (STO:SECARE) Is Interesting
Sep 12Calculating The Fair Value Of Swedencare AB (publ) (STO:SECARE)
Aug 19Broker Revenue Forecasts For Swedencare AB (publ) (STO:SECARE) Are Surging Higher
Jul 28Industry Analysts Just Made A Substantial Upgrade To Their Swedencare AB (publ) (STO:SECARE) Revenue Forecasts
Jul 01Swedencare (STO:SECARE) Has A Rock Solid Balance Sheet
Jun 29A Look At The Fair Value Of Swedencare AB (publ) (STO:SECARE)
May 06Here's Why I Think Swedencare (STO:SECARE) Is An Interesting Stock
Apr 02Could The Swedencare AB (publ) (STO:SECARE) Ownership Structure Tell Us Something Useful?
Mar 12Financial Position Analysis
Short Term Liabilities: SECARE's short term assets (SEK1.1B) exceed its short term liabilities (SEK346.5M).
Long Term Liabilities: SECARE's short term assets (SEK1.1B) do not cover its long term liabilities (SEK2.0B).
Debt to Equity History and Analysis
Debt Level: SECARE's net debt to equity ratio (15.4%) is considered satisfactory.
Reducing Debt: SECARE's debt to equity ratio has increased from 8.3% to 18.3% over the past 5 years.
Debt Coverage: SECARE's debt is well covered by operating cash flow (29.3%).
Interest Coverage: SECARE's interest payments on its debt are not well covered by EBIT (2.4x coverage).