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 ratio3.5x
CashSEK 960.00m
EquitySEK 6.34b
Total liabilitiesSEK 10.11b
Total assetsSEK 16.45b

Recent financial health updates

Recent updates

Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Mar 28
Mekonomen (STO:MEKO) Has A Pretty Healthy Balance Sheet

Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Jan 23
Some Investors May Be Worried About Mekonomen's (STO:MEKO) Returns On Capital

Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Nov 16
Is There An Opportunity With Mekonomen AB (publ)'s (STO:MEKO) 22% Undervaluation?

Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?

Sep 02
Should You Investigate Mekonomen AB (publ) (STO:MEKO) At kr161?

Is Mekonomen (STO:MEKO) Using Too Much Debt?

Aug 21
Is Mekonomen (STO:MEKO) Using Too Much Debt?

Calculating The Fair Value Of Mekonomen AB (publ) (STO:MEKO)

Jul 07
Calculating The Fair Value Of Mekonomen AB (publ) (STO:MEKO)

Does Mekonomen (STO:MEKO) Deserve A Spot On Your Watchlist?

Jun 05
Does Mekonomen (STO:MEKO) Deserve A Spot On Your Watchlist?

Financial 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).


Balance Sheet


Discover healthy companies