Eastnine Balance Sheet Health
Financial Health criteria checks 2/6
Eastnine has a total shareholder equity of €404.8M and total debt of €282.8M, which brings its debt-to-equity ratio to 69.9%. Its total assets and total liabilities are €716.4M and €311.5M respectively. Eastnine's EBIT is €29.6M making its interest coverage ratio 2.9. It has cash and short-term investments of €128.3M.
Key information
69.9%
Debt to equity ratio
€282.82m
Debt
| Interest coverage ratio | 2.9x |
| Cash | €128.26m |
| Equity | €404.84m |
| Total liabilities | €311.52m |
| Total assets | €716.36m |
Recent financial health updates
No updates
Recent updates
Eastnine (STO:EAST) Has Announced A Dividend Of €0.85
Dec 13
Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85
Nov 15Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year
Oct 31Eastnine (STO:EAST) Has Announced That It Will Be Increasing Its Dividend To €0.85
Sep 30Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year
Aug 23Eastnine (STO:EAST) Is Paying Out A Larger Dividend Than Last Year
Aug 09Eastnine (STO:EAST) Is Increasing Its Dividend To €0.85
Jul 24Eastnine's (STO:EAST) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 08Should You Investigate Eastnine AB (publ) (STO:EAST) At kr124?
Feb 22Financial Position Analysis
Short Term Liabilities: EAST's short term assets (€134.2M) exceed its short term liabilities (€41.3M).
Long Term Liabilities: EAST's short term assets (€134.2M) do not cover its long term liabilities (€270.2M).
Debt to Equity History and Analysis
Debt Level: EAST's net debt to equity ratio (38.2%) is considered satisfactory.
Reducing Debt: EAST's debt to equity ratio has increased from 36.6% to 69.9% over the past 5 years.
Debt Coverage: EAST's debt is not well covered by operating cash flow (6.1%).
Interest Coverage: EAST's interest payments on its debt are not well covered by EBIT (2.9x coverage).