Torslanda Property Investment AB (publ)

OM:TORSAB Stock Report

Market Cap: kr1.0b

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

Torslanda Property Investment Balance Sheet Health

Financial Health criteria checks 2/6

Key information

88.2%

Debt to equity ratio

kr1.55b

Debt

Interest coverage ratio4.8x
Cashkr141.40m
Equitykr1.76b
Total liabilitieskr1.94b
Total assetskr3.70b

Recent financial health updates

Recent updates

Torslanda Property Investment (STO:TORSAB) Is Due To Pay A Dividend Of kr0.22

Oct 21
Torslanda Property Investment (STO:TORSAB) Is Due To Pay A Dividend Of kr0.22

Torslanda Property Investment (STO:TORSAB) Has Re-Affirmed Its Dividend Of kr0.22

Jul 11
Torslanda Property Investment (STO:TORSAB) Has Re-Affirmed Its Dividend Of kr0.22

Here's Why Torslanda Property Investment (STO:TORSAB) Has A Meaningful Debt Burden

Mar 15
Here's Why Torslanda Property Investment (STO:TORSAB) Has A Meaningful Debt Burden

Torslanda Property Investment (STO:TORSAB) Is Growing Earnings But Are They A Good Guide?

Feb 16
Torslanda Property Investment (STO:TORSAB) Is Growing Earnings But Are They A Good Guide?

You Have To Love Torslanda Property Investment AB (publ)'s (STO:TORSAB) Dividend

Jan 26
You Have To Love Torslanda Property Investment AB (publ)'s (STO:TORSAB) Dividend

Is It Smart To Buy Torslanda Property Investment AB (publ) (STO:TORSAB) Before It Goes Ex-Dividend?

Jan 03
Is It Smart To Buy Torslanda Property Investment AB (publ) (STO:TORSAB) Before It Goes Ex-Dividend?

Did You Participate In Any Of Torslanda Property Investment's (STO:TORSAB) Respectable 69% Return?

Dec 30
Did You Participate In Any Of Torslanda Property Investment's (STO:TORSAB) Respectable 69% Return?

Torslanda Property Investment (STO:TORSAB) Has A Somewhat Strained Balance Sheet

Dec 09
Torslanda Property Investment (STO:TORSAB) Has A Somewhat Strained Balance Sheet

Financial Position Analysis

Short Term Liabilities: TORSAB's short term assets (SEK170.8M) do not cover its short term liabilities (SEK698.8M).

Long Term Liabilities: TORSAB's short term assets (SEK170.8M) do not cover its long term liabilities (SEK1.2B).


Debt to Equity History and Analysis

Debt Level: TORSAB's net debt to equity ratio (80.2%) is considered high.

Reducing Debt: TORSAB's debt to equity ratio has reduced from 135% to 88.2% over the past 5 years.

Debt Coverage: TORSAB's debt is not well covered by operating cash flow (7.4%).

Interest Coverage: TORSAB's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


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Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.