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 ratio | 1x |
| Cash | SEK 28.60m |
| Equity | SEK 128.83m |
| Total liabilities | SEK 617.15m |
| Total assets | SEK 745.99m |
Recent financial health updates
No updates
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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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 12:54 |
| End of Day Share Price | 2024/12/23 00:00 |
| Earnings | 2024/06/30 |
| 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
Solnaberg Property 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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