Fortinova Fastigheter Balance Sheet Health
Financial Health criteria checks 1/6
Fortinova Fastigheter has a total shareholder equity of SEK2.2B and total debt of SEK2.7B, which brings its debt-to-equity ratio to 122.6%. Its total assets and total liabilities are SEK5.2B and SEK3.0B respectively. Fortinova Fastigheter's EBIT is SEK192.7M making its interest coverage ratio 1.2. It has cash and short-term investments of SEK230.9M.
Key information
122.6%
Debt to equity ratio
SEK 2.71b
Debt
| Interest coverage ratio | 1.2x |
| Cash | SEK 230.90m |
| Equity | SEK 2.21b |
| Total liabilities | SEK 2.99b |
| Total assets | SEK 5.20b |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: FNOVA B's short term assets (SEK339.7M) do not cover its short term liabilities (SEK1.1B).
Long Term Liabilities: FNOVA B's short term assets (SEK339.7M) do not cover its long term liabilities (SEK1.9B).
Debt to Equity History and Analysis
Debt Level: FNOVA B's net debt to equity ratio (112.1%) is considered high.
Reducing Debt: FNOVA B's debt to equity ratio has reduced from 133.9% to 122.6% over the past 5 years.
Debt Coverage: FNOVA B's debt is not well covered by operating cash flow (5%).
Interest Coverage: FNOVA B's interest payments on its debt are not well covered by EBIT (1.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 16:24 |
| 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
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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
Fortinova Fastigheter AB (Publ) is covered by 0 analysts. 0 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 |
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