Meko Balance Sheet Health
Financial Health criteria checks 5/6
Meko has a total shareholder equity of SEK6.3B and total debt of SEK3.5B, which brings its debt-to-equity ratio to 55.7%. Its total assets and total liabilities are SEK16.4B and SEK10.1B respectively. Meko's EBIT is SEK851.0M making its interest coverage ratio 3.5. It has cash and short-term investments of SEK960.0M.
Key information
55.7%
Debt to equity ratio
SEK 3.54b
Debt
| Interest coverage ratio | 3.5x |
| Cash | SEK 960.00m |
| Equity | SEK 6.34b |
| Total liabilities | SEK 10.11b |
| Total assets | SEK 16.45b |
Recent financial health updates
Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet
Mar 28
Is Mekonomen (STO:MEKO) Using Too Much Debt?
Aug 21Recent updates
Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet
Mar 28Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital
Jan 23Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?
Nov 16Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?
Sep 02Is Mekonomen (STO:MEKO) Using Too Much Debt?
Aug 21Calculating The Fair Value Of Mekonomen AB (publ) (STO:MEKO)
Jul 07Does Mekonomen (STO:MEKO) Deserve A Spot On Your Watchlist?
Jun 05Financial Position Analysis
Short Term Liabilities: MEKO's short term assets (SEK7.9B) exceed its short term liabilities (SEK4.8B).
Long Term Liabilities: MEKO's short term assets (SEK7.9B) exceed its long term liabilities (SEK5.3B).
Debt to Equity History and Analysis
Debt Level: MEKO's net debt to equity ratio (40.6%) is considered high.
Reducing Debt: MEKO's debt to equity ratio has reduced from 99.6% to 55.7% over the past 5 years.
Debt Coverage: MEKO's debt is well covered by operating cash flow (48.7%).
Interest Coverage: MEKO's interest payments on its debt are well covered by EBIT (3.5x coverage).