Torslanda Property Investment AB (publ)

OM:TORSAB Stock Report

Market Cap: SEK 1.0b

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This company may still be operating, however this listing is no longer active.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

SEK 1.55b

Debt

Interest coverage ratio4.8x
CashSEK 141.40m
EquitySEK 1.76b
Total liabilitiesSEK 1.94b
Total assetsSEK 3.70b

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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