Solnaberg Property AB (publ)

OM:SOLNA Stock Report

Market Cap: SEK 415.5m

Solnaberg Property Balance Sheet Health

Financial Health criteria checks 0/6

Solnaberg Property has a total shareholder equity of SEK128.8M and total debt of SEK550.0M, which brings its debt-to-equity ratio to 426.9%. Its total assets and total liabilities are SEK746.0M and SEK617.2M respectively. Solnaberg Property's EBIT is SEK25.4M making its interest coverage ratio 1. It has cash and short-term investments of SEK28.6M.

Key information

426.9%

Debt to equity ratio

SEK 550.00m

Debt

Interest coverage ratio1x
CashSEK 28.60m
EquitySEK 128.83m
Total liabilitiesSEK 617.15m
Total assetsSEK 745.99m

Recent financial health updates

No updates

Recent updates

Estimating The Fair Value Of Solnaberg Property AB (publ) (STO:SOLNA)

Mar 10
Estimating The Fair Value Of Solnaberg Property AB (publ) (STO:SOLNA)

Financial Position Analysis

Short Term Liabilities: SOLNA's short term assets (SEK32.6M) do not cover its short term liabilities (SEK47.5M).

Long Term Liabilities: SOLNA's short term assets (SEK32.6M) do not cover its long term liabilities (SEK569.6M).


Debt to Equity History and Analysis

Debt Level: SOLNA's net debt to equity ratio (404.7%) is considered high.

Reducing Debt: SOLNA's debt to equity ratio has increased from 191.5% to 426.9% over the past 5 years.

Debt Coverage: SOLNA's debt is not well covered by operating cash flow (8.9%).

Interest Coverage: SOLNA's interest payments on its debt are not well covered by EBIT (1x coverage).


Balance Sheet


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